Many investors are looking to buy a crude oil index ETF to profit from oil's rise throughout 2015.
WTI oil prices are up 7% this year. And we expect oil prices to continue climbing in 2015.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Many investors are looking to buy a crude oil index ETF to profit from oil's rise throughout 2015.
WTI oil prices are up 7% this year. And we expect oil prices to continue climbing in 2015.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Many investors are looking to buy a crude oil index ETF to profit from oil's rise throughout 2015.
WTI oil prices are up 7% this year. And we expect oil prices to continue climbing in 2015.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Thanks to expiring oil rigs and lower supply, oil prices are heading toward $73 by mid-summer.
That means it's time to consider crude oil ETF investing if you want get in on the profits from the price rebound.
Here's everything you need to know about crude oil ETFs...
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
Oil prices are on the rise to end March. On March 26 WTI oil hit a high of $52.46. That's a 19% climb from the lows it hit just two weeks ago.
And as the price of oil rises, shares of the United States Oil Fund LP (NYSE: USO) are climbing too. The crude oil ETF is up 9% since March 18.
You see, investors are flooding into this oil ETF as a way to play rebounding oil prices.