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Crude Oil ETFs Rally on Strengthening Economy, Iran Concerns

editor@etftrends.com (ETF Trends)

The ongoing economic expansion and supply concerns over Iran, the Organization of Petroleum Exporting Countries’ third largest producer, have helped bolster crude oil exchange traded funds, with West Texas Intermediate crude hitting three year highs. On Wednesday, the United States Oil Fund (USO), which tracks West Texas Intermediate crude oil futures, rose 2.2% and [...] Read more on ETFtrends.com >