Oct. 7 at 12:52 PM
Oil prices up, but is it time to buy
$USO,
$DBO,
$USL? 🤔
OPEC+ announced a modest output hike of 137,000 bpd for November, with geopolitical tensions potentially supporting prices despite oversupply concerns. However, the outlook remains moderately bearish ⚖️.
Discover the cautious outlook here 👉 https://www.zacks.com/stock/news/2763322/should-you-invest-in-crude-oil-etfs-now?cid=sm-stocktwits-2-2763322-body-14868&ADID=SYND_STOCKTWITS_TWEET_2_2763322_BODY_14868