Iran Protests Could be Bullish for Oil ETFs
January 04, 2018 at 11:46 AM EST
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, ended 2017 with an epic fourth-quarter gain and that bullishness is trickling into 2018 amid new geopolitical tensions. USO is up 5.5% over the past week while the United States Brent Oil Fund...