Supply-Demand Scenario Could Benefit Oil ETFs
This article was originally published on ETFTrends.com.
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 trading higher to start September and could accrue more gains thanks to potentially favorable supply/demand dynamics. While crude oil prices have pulled back from [...]