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The United States Oil Fund (USO) reached its highest price in a year because of supply problems.

MarketRead the original at benzinga.com
Good for USO

United States Oil Fund shares rose to a new 52-week high after Middle East supply disruptions pushed up prompt crude futures, which USO directly tracks.

USO · United States Oil Fund

AI read · Good for USO

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United States Oil Fund shares hit a 52-week high after physical supply disruptions tightened prompt crude markets. Because USO tracks front-month crude futures, that lifted the fund's NAV and share price.

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