Oil ETFs Rally as Non-OPEC Producers Join Cuts

Supporting the ongoing rally in the crude oil market and energy-related exchange traded funds, producers outside of the Organization of Petroleum Exporting Countries agreed to join the cartel in curbing oil output to further support global prices. On Monday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, gained…Click to read more at ETFtrends.com.