Gas prices fell to a national average of $2.89 per gallon during the holiday season despite record travel demand, marking the cheapest December since 2020.
Oil prices slid to four-year lows on ceasefire hopes, China weakness, and oversupply fears, putting inverse ETFs like SCO in focus for bearish investors.
Oil prices have gained on Oct. 22, 2025. The WTI crude oil ETF United States Oil Fund LP USO jumped 3.5% on the day, while the fund advanced 1.8% after hours.
QQQ, IBIT and GLD led ETF inflows in June as tech gains, crypto momentum and safe-haven demand shaped investor bets.
U.S. airstrikes on Iran raise fears of $100 oil and spark sharp oil ETF moves across key sectors. WTI crude ETF USO surged more than 20% over the past month.
ENOR and EWC may rally as oil prices climb, while INDY and TUR face pressure from rising import costs amid Iran tensions.
Israel's attack on Iran's nuclear facilities has escalated Middle East tensions, causing a sharp spike in crude oil prices and market volatility. Iran's critical role in global oil logistics, especially the Strait of Hormuz, poses significant risk to energy supplies if conflict disrupts passage. Despite a short-term pullback, ongoing instability and uncompromising Iranian leadership make current oil price weakness a potential buying opportunity.
GLD, USO and VXX surged last week as Middle East tensions drove market volatility and risk-off trades.
USO, BNO and DBO surge as the Middle East conflict sparks a 12% spike in crude, marking oil's best week since 2022.
Despite a 21.4% drop in oil prices off its January 16, 2025, peak as measured by the United States Oil Fund, LP NYSEARCA: USO or the 23.7% drop in its stock year-to-date (YTD) stock price as of April 11, 2025, Warren Buffett's Berkshire Hathaway Inc. NYSE: BRK.A NYSE: BRK.B has not sold a single share of OXY this year.
The United States Oil Fund (USO) ETF lacked enough momentum to stage its first weekly gain after being in the red for four consecutive weeks. Earlier in Friday's session, it had rallied to a level last hit over a week ago.
For investors seeking momentum, United States Oil Fund USO is probably on radar. The fund just hit a 52-week high and is up 27.7% from its 52-week low price of $66.02/share.