Oil ETFs Jump as EU Considers New Russia Sanctions
Oil commodity-related exchange traded funds surged on Monday on speculation of new European Union sanctions against Russia.
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Oil commodity-related exchange traded funds surged on Monday on speculation of new European Union sanctions against Russia.
Oil-related exchange traded funds had another rough week, with crude oil prices marking their worst weekly drop in over 10 years.
Natural gas prices and related exchange traded funds have been gaining momentum during this seasonally weak period of the year.
Oil-related exchange traded funds rebounded on Tuesday despite initially falling off in response to Russia's statements that it will pull back from Kyiv.
Natural gas exchange traded funds could find support as the United States plans to raise exports of liquefied natural gas.