Investors are
putting money into funds that track oil prices at the fastest rate in
two years, betting that crude will rebound from a bear market.
The
four biggest oil exchange-traded products listed in the U.S. have
received a combined $334 million so far this month, the most since
October 2012, according to data compiled by Bloomberg.
Shares
outstanding of the funds, including the United States Oil Fund (DBO) and ProShares Ultra Bloomberg Crude Oil, rose to 55 million yesterday, a nine-month high.
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