Oil prices aim for 3-day winning streak as traders shake off tariff fears
Portfolio Pulse from
Oil prices are set for a third consecutive day of gains as traders focus on tighter sanctions on Iran and Russia, moving past concerns over President Trump's tariff strategy.
February 11, 2025 | 12:30 pm
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BNO, an ETF tracking Brent crude oil prices, is likely to see a positive impact as oil prices rise for the third consecutive day due to sanctions on Iran and Russia.
BNO tracks Brent crude oil prices, which are rising due to geopolitical tensions and sanctions on major oil producers Iran and Russia. This is likely to positively impact BNO's performance in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80