#Unexpected Inventory Drawdown Helps Fuel Oil, Energy ETF Rally
October 19, 2016 at 14:14 PM EDT
A global supply glut has weighed on the energy markets, but U.S. crude storage levels have declined for another week, supporting oil and energy exchange traded funds as traders adjust to more favorable fundamentals. On Wednesday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas...