Crude Oil Closes at Highest Level Since January, Just Under $85 (USO)

Crude oil has just closed today's floor trading session just under the $85 dollar mark at $84.84. Oil rose 1.3% today. The price for a barrel of oil has not closed in this range since the beginning of January.

The US Oil Fund ETF (NYSE: USO) is currently up 2% to around $41.10.

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