Oil Rally Sparks Renewed Interest in Big ETF

The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, surged Monday after Saudi Arabia detained an array of high-profile figures, including prices and former ministers. Saudi Arabia is the largest producer and kingpin in the Organization of Petroleum Exporting Countries (OPEC). For its part, OPEC remains concerned about the [...]Click to read more at ETFtrends.com.