Oil ETFs Climb as U.S. Crude Exports Hit Record Highs

Oil-related exchange traded funds strengthened Wednesday as inventory levels dipped with U.S. exports hitting an all-time high in response to the widening gap between domestic and international crude benchmarks. On Wednesday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), [...] The post Oil ETFs Climb as U.S. Crude Exports Hit Record Highs appeared first on ETF Trends .