U.S. Oil Fund (NYSEArca: USO) rose 1.4% Thursday thanks to a late-day surge in crude that pushed futures prices over $110 a barrel.
The oil exchange traded fund (ETF) came into Thursday’s session up 15% over the past three months.
In precious metals, silver ETFs are shining ever brighter as silver prices are pushing towards $40 an ounce.
A $7 billion portfolio of Japanese stocks fell Thursday in U.S. trading following reports the beleaguered country was hit by a magnitude 7.1 earthquake.
U.S. stock ETFs ended Thursday with a slight loss after rising earlier in the session following an upbeat report on jobless claims.
In commodities, ETFs for coffee and base metals rallied again.
Natural-gas ETFs extended their losing streak to five days after a supply report.