OPEC Comments Spur Bullish Oil Bets

However, investors should be careful of getting caught up in oil’s recent strength because the commodity is still in a bear market and expectations for a significant recovery are muted. Looking ahead, we may be in for low oil prices for much longer than many anticipated.

The United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, has added $1.8 million.

United States Brent Oil Fund