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September 01, 2020 10:27am
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Falling Oil Rig Count Help Oil ETFs Rebound

Crude oil prices and energy commodity-related exchange traded funds surged Friday as drillers aim to proceed more cautiously in light of the ongoing pressure in the oil market. The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, jumped 3.1% and the...
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