Oil futures etf wTI strength above $82 has triggered

WTI strength above $82 has triggered algorithmic buying in multiple oil futures ETFs, boosting intraday liquidity. American Express is an advertising partner of Motley Fool Money. Selena Maranjian has positions in Apple and Berkshire Hathaway. The Motley Fool has positions in and recommends Apple, Berkshire Hathaway, Chevron, Vanguard S&P 500 ETF, and Zoetis. The Motley Fool recommends Occidental Petroleum. The Motley Fool has a disclosure policy . Traders on Robinhood and SoFi Invest flocked to buy the United States Oil exchange-traded fund , or USO, this week as its price plummeted below $3. But many got in for the wrong reasons. Oil futures ETFs gained traction after U.S. inventory data showed a larger-than-expected draw of 5.2 million barrels.