Crude Awakening: Soaring Oil Prices Bad for Consumers, Great For Traders

Amid the conflict in Iran, oil prices have skyrocketed, leaving consumers with potential pain at the pump, though it creates an opportunistic environment for savvy traders. Ongoing supply disruptions and a resurgence in industrial activity should provide even more bullish catalysts. Any temporary price pullbacks could also create profitable trades for those looking to capitalize on short-term weakness after prices touch highs.

For tactical traders, this volatile environment requires tools such as...

This post originally appeared at ETF Trends.