Oil ETFs at 7 Month High on Falling U.S. Inventories
May 25, 2016 at 14:02 PM EDT
Energy prices inched up to a 7-month high, with a widely observed oil exchange traded fund (ETF) trading back above its long-term trend line, after a significant pullback in crude inventories. On Wednesday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil...