Oil ETFs Traders Bet on OPEC Production Cuts
November 21, 2016 at 13:58 PM EST
Oil exchange traded funds jumped back above their long-term trend line on Monday as crude oil prices rallied to a three-week high on bets that the Organization of Petroleum Exporting Countries will agree to a production cut later this month. On Monday, the United States Oil Fund (NYSEArca: USO),...