From my perspective, the oil rally is being driven mainly by geopolitics rather than fundamentals. With Brent near $100 and WTI above $95, much of the move already reflects the risk premium around the Strait of Hormuz. That’s why funds like United States Oil Fund (USO), United States Brent Oil Fund (BNO) and leveraged products such as ProShares Ultra Bloomberg Crude Oil (UCO) have surged so quickly.

Personally, I’d be cautious about chasing after such a sharp move. Geopolitical rallies can reverse fast if tensions ease, and leveraged ETFs like Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) can swing both ways quickly.

If I wanted exposure, I’d lean toward energy equities instead. ETFs like Energy Select Sector SPDR Fund (XLE) or Vanguard Energy ETF (VDE) tend to track oil but with more stability than futures-based or leveraged funds.

@TigerClub @TigerStars @Tiger_comments

# WTI Crude Oil Prices Surge Over 10%, Exceeding $96 per Barrel Amid Strong Market Gains

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