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October 20, 2026Commodities·Neutral·commodities

USO oil ETF hits $165, highest level in 10.5 years, amid oil market backwardation

The USO oil ETF hit $165 in premarket trading, its highest level in 10.5 years, amid oil market backwardation.

Detected & updated continuously · Source: Nebula

Story subjects

Oil - WTI (USO)

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