OPEC Comments Spur Bullish Oil Bets
September 22, 2015 at 09:00 AM EDT
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate oil futures, has surged almost 20% over the past month. Buoyed by some bullish comments by the Organization of Petroleum Exporting Countries (OPEC), traders have been flocking to oil futures contracts. USO has been...