NYSEARCA:UCO - NYSE Arca - US74347Y8883 - ETF - Currency: USD
At the time of writing, U.S. West Texas Intermediate (WTI) crude futures traded 0.90% higher at $62.40 per barrel.
Mentions: USO
CEO Darren Woods stated that ExxonMobil stress-tested its business against “more punitive scenarios” last year and, based on that review, plans to maintain investments and shareholder returns even if oil prices decline further.
Oil prices surge on trade deals, ETFs experience rising volume and volatility.