Shares of Invesco DB Oil Fund (NYSEARCA:DBO – Get Rating) gapped up before the market opened on Friday . The stock had previously closed at $16.92, but opened at $17.45. Invesco DB Oil Fund shares last traded at $17.65, with a volume of 95,612 shares traded. The stock has a 50-day simple moving average of […]
About one month into 2022, the energy sector is continuing its bullish run from last year, giving investors the opportunity to keep backing the momentum.
Tighter oil supply should help prop up prices heading into 2022, which should make a bullish case for higher oil prices with the new year around the corner.