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Middle East ETFs Rally, Top Oil’s Modest Bounce

Futures-based oil exchange traded funds, namely the United States Oil Fund (NYSEArca: USO) and the United States Brent Oil Fund (NYSEArca: BNO), finished last week in fine form. Both USO and BNO jumped more than 3% off their Tuesday lows through the end of the week. However, in what may be an...
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