A Very Bullish Call for Oil ETFs
June 21, 2016 at 10:29 AM EDT
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, are up 6% and nearly 22%, respectively, this year. Oil futures closed at just over $49 per barrel on...