Oil ETFs swing on Venezuela shock: USO, BNO track crude as U.S. stockpile data looms
U.S.-listed crude oil exchange-traded funds were higher in premarket trade on Tuesday as oil prices nudged up, with investors weighing uncertainty over Venezuelan output after the U.S. captured Venezuela’s President Nicolas Maduro. Brent crude futures rose 0.5% to $62.06 a barrel and U.S. West Texas Intermediate was up 0.4% at $58.57 by 0930 GMT. Reuters
