Oil prices have been in decent shape lately. Though the news of continuation of China's zero-Covid policy cast a pall over oil prices on Monday, it is likely to be a short-term drag.
Wall Street was upbeat last week. Cannabis and oil were the specific outperformers,
Oil prices rallied on Wednesday as OPEC+ producers agreed deep output cuts.
Oil prices increased considerably on Sep 5 as OPEC+ producers agreed a small oil output cut.
Saudi Arabia hiked prices for its crude sales in July despite the plan to boost production over the coming two months.
Here we highlight some oil-energy ETFs which have gained more than 80% so far in 2022.
Wall Street was downbeat last week due to rising rate worries, stagflation fears and geopolitical tensions.
Here we highlight some oil-energy ETFs which have gained more than 50% so far in 2022.
Bullish investors should bet on leveraged ETFs to make quick profits as these could see huge gains in a very short time frame when compared to simple product.