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What's Ahead for Oil Stocks and ETFs as Iraq Turmoil Continues
Oil stocks and oil exchange-traded funds (ETFs) are getting more attention as oil futures close out their biggest weekly gain of the year.
Oil prices rallied for a third consecutive day Friday as Sunni militants continued their advance toward Baghdad, stoking fears that Iraq is headed for civil war and its abundant oil exports could be in jeopardy.
While oil prices will rise, not all stocks will follow. Here's the deal...
Oil stocks and oil exchange-traded funds (ETFs) are getting more attention as oil futures close out their biggest weekly gain of the year.
Oil prices rallied for a third consecutive day Friday as Sunni militants continued their advance toward Baghdad, stoking fears that Iraq is headed for civil war and its abundant oil exports could be in jeopardy.
While oil prices will rise, not all stocks will follow. Here's the deal...