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United States Oil Fund Hits 52-Week High: What's Happening?
Source: benzinga.com
Energy Markets & PricesCommodity FuturesGeopolitics & War
United States Oil Fund (USO) shares reached new 52-week highs Thursday as benchmark crude futures rose sharply. The rally is being driven by severe supply constraints and persistent Middle East geopolitical tensions, supporting a bullish near-term outlook for oil-linked assets.
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