Oil ETFs Soar as Crude Tops $102 a Barrel
November 16, 2011 at 10:18 AM EST
Crude oil futures trading on the Nymex briefly rose above $102 a barrel on Wednesday, lifting energy exchange traded funds that have rallied sharply from the October low. U.S. Oil Fund (NYSEArca: USO) climbed about 2% in morning action Wednesday. Crude futures are trading above $100 a barrel for...