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.
Wall Street staged a rally last week on some upbeat earnings and expectations of slower Federal Reserve monetary tightening.
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.