Crude Oil ETFs Rally As Crude Drives Energy Stocks Higher
May 14, 2020 at 16:44 PM EDT
Crude oil has climbed more than 7.5% on the day Thursday, with the ProShares Ultra Bloomberg Crude Oil (UCO) rallying 7.89%. The move is driving up energy stock like Exxon Mobile, Chevron, and Conoco Phillips, helping the stock market rebound despite the poor unemployment data. U.S. fuel import...