Crude Oil ETFs Gain Amid Continued Production Declines
July 15, 2020 at 14:17 PM EDT
Crude oil ETFs are climbing on Wednesday, as oil futures rallied again, aided by the most significant weekly drop in U.S. crude supplies so far in 2020, despite an OPEC+ committee agreement to reduce record production cuts beginning next month. The United States Oil Fund LP (USO) gained 1.45% while...