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, jumped an average of 7% last month. Not surprisingly, the Organization of Petroleum Exporting Countries (OPEC) played a pivotal role in oil’s April surge. Current […]
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