Oil ETFs Strengthen on Deeper U.S. Inventory Drawdowns
September 19, 2018 at 14:06 PM EDT
Crude oil prices and energy-related exchange traded funds jumped as U.S. oil inventories slip to a three-and-a-half year low on rising exports. On Wednesday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, advanced 1.4% and the United States Brent...