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Libya Troubles, Saudi Forecast Bolster Crude Oil ETFs

editor@etftrends.com (ETF Trends)

Crude oil prices and energy-related ETFs strengthened Tuesday after a pipeline blast in Libya and bullish Saudi Arabia budget forecasts sent prices to their highest levels since mid-2015. On Tuesday, the United States Oil Fund (USO), which tracks West Texas Intermediate crude oil futures, rose 2.5% and the United States Brent Oil Fund (NYSEArca: [...] Read more on ETFtrends.com >