- Oil prices are moving higher following steep losses in the previous session, with U.S. crude moving back above $30 a barrel.
- Pick a reason: A fall in U.S. rig count, reports of upcoming shale bankruptcies, challenges of Iran returning to the global markets, more support for an oil freeze accord, etc.
- WTI futures +3.2% to $30.60/bbl.
- ETFs: USO, OIL, UCO, UWTI, SCO, BNO, DWTI, DBO, DTO, USL, DNO, OLO, SZO, OLEM