BNO, USO rise as fuel prices climb on Ukraine strikes
United States Brent Oil Fund and United States Oil Fund were higher in premarket trading as the article linked rising fuel prices to Ukraine’s drone attacks on Russian energy assets.
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Oil jumps as U.S. strikes Iranian targets near Strait of Hormuz
U.S. strikes on Iranian targets near the Strait of Hormuz sent Brent above $95 and WTI over $90, while USO and BNO rallied and defense contractors slipped.
USO-linked US crude futures climb over $1
US crude futures clc1 associated with USO rise by more than $1 as hopes of a US-Iran peace deal fade.