3 Top ETFs to Buy in May to Cash In on Higher Oil Prices

Published on 7 May 2024 on Motley Fool via Yahoo Finance

3 Top ETFs to Buy in May to Cash In on Higher Oil Prices

Oil prices have rallied this year. West Texas Intermediate, the primary U.S. benchmark price, is up more than 10% to nearly $80 a barrel. Higher crude prices are driving up most energy stocks.

One of the easiest ways to cash in on the oil-fueled rally in energy stocks is to invest in an exchange-traded fund (ETF) focused on the sector. They provide relatively broad exposure to the sector, enabling investors to enjoy some oil-fueled gains.

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3 Top ETFs to Buy in May to Cash In on Higher Oil Prices

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