Oil Prices Just Spiked — Here Are 3 Energy ETFs Gaining Attention
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Oil prices surged over the weekend due to U.S. and Israel's actions against Iran, causing supply concerns in the Middle East. U.S. crude increased by more than 5%, while Brent rose about 6%. In response, investors are shifting focus from individual oil companies to exchange-traded funds (ETFs). Notable ETFs gaining attention include the Energy Select Sector SPDR Fund (XLE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), and the United States Oil Fund (USO).
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