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USO oil ETF rises 58% since start of Iran war
The United States Oil Fund gained 58% since the Iran war began, outperforming WTI crude futures, which rose more than half as much over the same period.
MarketWatch reports that the United States Oil Fund, or USO, has climbed 58% since the start of the Iran war.
The outlet says the USO ETF has outperformed WTI crude futures, which gained less over the same stretch.
The comparison frames the ETF’s stronger performance against futures as the conflict continues to weigh on oil markets.
Latest closeWTI crude $84.41 ▲6.5%
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