Crude Oil ETFs Gain Amid Inventory Reports And Weaker Dollar
December 23, 2020 at 14:01 PM EST
Oil prices are up over 2.5% on Wednesday, buoyed by draws in U.S. inventories of crude, gasoline, and distillates. The news invigorated investors’ appetites for crude futures and crude oil ETFs, stoking hopes for some return in fuel demand. U.S. benchmark, West Texas Intermediate (WTI) crude...