A Great Way To Play Oil Higher Is Through The ETF, XOP – Part 2

Two weeks ago, I discussed a great way to play the rise in oil was through the ETF, XOP:

A Great Way To Play Oil Higher Is Through The ETF, XOP

Oil prices (WTI) hit $60 on last week and is now up 30% year-to-day. One week ago, OPEC canceled their planned meeting in April, effectively extending supply cuts that have been in place since January until at least June. Prices have been further supported by U.S. sanctions against oil exports from Iran and Venezuela.One way to get involved with oil is through the SPDR S&P Oil & Gas Exploration & Production

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