Oil Retreats, But Bullish Momentum Remains for These ETFs

Amid geopolitical tensions in the Middle East, oil has been reaching new highs. But despite a recent price retreat, bullish momentum could still remain for a pair of ETFs. In particular, the Invesco DB Oil Fund (DBO) and the Invesco Dynamic Oil & Gas Services ETF (PXJ) could continue rising as institutional demand increases its positions [...] The post Oil Retreats, But Bullish Momentum Remains for These ETFs appeared first on ETF Trends .