Investopedia | Can Oil's Strong Recovery Last? (XLE, USO) Investopedia Energy stocks and exchange-traded funds rallied yesterday thanks to a report from the American Petroleum Institute showing a surprise draw in crude oil inventories. The API reported that crude inventories saw a decline of 7.6 million barrels for the ... US Crude Passes $50 a Barrel for the First Time Since June Crude oil surged above $50 for the first time since June Oil up two percent to June highs after another US crude draw |