BRE2L.MI is trading 9.4% up today as Brent crude prices rebound following last week's retreat from levels above $100 per barrel.
- The move is supported by broader risk-on sentiment in global markets and expectations that recent trade tariffs will spare the energy sector.
- While Middle East and Red Sea tensions have eased slightly, oil prices remain firm, with the 2x leverage of this ETC magnifying the underlying gains.