Oil futures etf the oil futures ETF market saw

The oil futures ETF market saw heightened volatility, with Brent crossing $88 amid OPEC supply tightening. Technical charts show a breakout pattern, suggesting potential upside if geopolitical tensions persist. Oil prices looked set to regain some of the week's losses on Friday, ticking higher as traders look to Opec+'s next raft of decisions on output. Retail investors buying the fund likely aren't aware that it is no longer tracking oil prices in lockstep. Analysts project oil futures ETF volatility to remain elevated, with implied options pricing pointing to a $3 swing in crude over the next two weeks.