Why U.S. Oil Prices Have Room to Run

MarketsETF Trends

This article was originally published on ETFTrends.com.

The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, are up about 8% and nearly 11%, respectively, over the past month. Still, some market observers believe West Texas Intermediate remains inexpensive relative to Brent, [...]

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