COM - Want to bet on $100 oil? Check out these energy ETFs

Oil prices continue to push upward, recently crossing $92 a barrel (CL1:COM) and reaching their highest levels since 2014. Are you betting that crude will soar above $100 a barrel? Institutions and most of Wall Street, including UBS, Goldman Sachs, J.P. Morgan, and Morgan Stanley, believe so.  Suppose you think oil will cross the $100-a-barrel mark. In that case, a handful of energy ETFs provide a good vehicle to attack that investment thesis. These funds represent broad-spectrum energy market, oil and gas exploration and production segment, as well as oil equipment services, leveraged ETFs and futures-based funds. Broad Spectrum Energy ETFs The Energy Select Sector SPDR ETF (NYSEARCA:XLE) and Vanguard Energy ETF (NYSEARCA:VDE) are two leading broad-spectrum large-scale energy ETFs that offer investors exposure to various oil and gas segmented stocks to provide a balanced approach to the sector. YTD XLE is +22.1% and VDE is +20.6%. Oil & Gas Exploration and Production

For further details see:

Want to bet on $100 oil? Check out these energy ETFs