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September 01, 2020 10:18am
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Oil ETFs Bounce at 200-Day Average

Oil exchange traded funds have been hit by margin hikes and a rally in the dollar, but they’ve encountered buying interest this week at a key technical level. The $1.7 billion U.S. Oil Fund (NYSEArca: USO) is down nearly 8% over the past month. However, the ETF bounced this week at its 200-day...
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