Oil ETFs Rally With Crude Prices Hitting a Seven-Year High
Oil-related exchange traded funds maintained their momentum, with crude oil futures hitting a seven-year high on Tuesday.
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Oil-related exchange traded funds maintained their momentum, with crude oil futures hitting a seven-year high on Tuesday.
Natural gas futures and related exchange traded funds climbed on Wednesday as a bitter cold swept across the United States.
Crude oil surged 4% on Tuesday, boosting crude ETFs as well, ahead of the much-anticipated API crude oil inventory data report.
While stocks are still finding their footing after a steep drop on Wednesday, crude oil and crude ETFs are surging on Thursday.
Energy sector-related exchange traded funds surged on Tuesday after OPEC+ agreed to raise crude oil output.