The Iran conflict has, of course, sent oil prices spiking. And the tensions in the region are unlikely to end soon.
Wherever you stand on the conflict, let’s set that aside for a moment and look at the situation through an investment lens—specifically what it means for those invested in oil, either directly or through shares of producers.
It’s clear that anyone holding oil and oil-related stocks saw a bump in their share prices after hostilities broke out, and prices have bounced higher and lower since.
Let’s look at exactly what’s played out so far this year (as of this writing) from the oil-price side—through the crude-tracking United States Oil Fund (USO)—and the producer side, through the Energy Select Sector SPDR Fund (XLE).… Read more


Recent Comments