January 30, 2013 at 10:02 AM EST
Oil ETFs Continue Ramp Before Fed
U.S. Oil Fund (NYSEArca: USO) has gained 22% from its 2012 low and continued to trade higher Wednesday as investors awaited the Federal Reserve statement. Crude futures in New York rose above $98 a barrel after bottoming around $81 in June of last year. Oil prices were rising after the Commerce...
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