The price of oil has fallen below the $80 per barrel level and hit the lowest price in several years. While this may be a positive for industries that spend large amounts of money on energy commodities, it has been detrimental to the energy-related stocks and ETFs.
The new Republican-led Senate, historical precedents and the winter months could be setting up for a year-end energy rally.
Below are a number of energy-related ETFs that could outperform when the energy commodities find their bottom.
United States Oil Fund LP (ETF)
The United States Oil Fund LP (ETF) (NYSE: USO) is an exchange-traded security designed to track the daily price movements of West Texas Intermediate light sweet crude oil delivered to Cushing, Oklahoma.
USO invests mainly in oil future contracts, and also may invest in forwards and swaps. ...
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