Crude funds like United States Oil Fund (USO) and the ProShares Ultra Bloomberg Crude Oil (UCO) are both making sizable gains on Monday, while long stock investors nurse their losses. OPEC+'s decision to keep boosting oil output gradually sent prices rocketing above July's highs, adding to the already anxiety-producing inflationary pressures that are causing global concern over the tenuous economic recovery from the pandemic. Sriram Iyer, senior research analyst at Reliance Securities noted, “International oil prices have turned positive this afternoon in Asian trade ahead of OPEC meeting.