NEW YORK ( TheStreet) -- Earlier in the year, political turmoil in the Middle East helped propel a rally in oil prices that many investors thought would end once the possibility of supply disruptions at the Suez Canal was removed from the market's focus.But markets have held these elevated levels in oil prices into the second half of the year, as a dovish stance at the Federal Reserve puts downside pressure on the dollar and the Chinese government pledges a commitment to meeting its yearly growth target of 7%. These supportive elements in the world's first and second largest oil-consuming nations should keep prices elevated into the end of the year.
Oil ETFs for This Year's Rally
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