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Crude ETFs Climb Back Amid Colonial Pipeline Resumption

By: ETF Trends

May 17, 2021 at 09:07 AM EDT

After a sharp decline on Thursday, crude oil and crude ETFs are scrambling back toward recent highs, amid news concerning the resumption of the Colonial Pipeline, and news that the federal government has allowed Valero Energy a waiver from the Jones Act—legislation limiting the quantity of vessels...

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Crude ETFs Climb Back Amid Colonial Pipeline Resumption