Easing U.S.-China trade feud, global monetary policy easing, lesser ambiguity surrounding Brexit, lower OPEC output, falling U.S. rigs and escalating Middle East tensions to boost oil prices in 2020.
Oil prices strongly rebounded from a bear territory hit in early June, with U.S. crude comfortably trading above $60.
RYT and PXI saw massive trading volumes in yesterday's trading session.
Energy ETFs broke out from a short-term downtrend amid rising U.S.-Iran tension. Play the uncertainty using these three energy ETFs.