Oil ETFs Strengthen on Fears of Russian Supply Disruptions

by Trading & Investing | 02/24/2022, 16:37

Oil commodity-related exchange traded funds maintained their momentum Thursday, with crude oil futures briefly trading above $100 per barrel for the first time since 2014, after Russia’s invasion of Ukraine threatened to disrupt supply. On Thursday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States […] Read more at ETFtrends.com.

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