Here we discuss whether it will be prudent to pick oil ETFs now as the oil market strengthens on rising demand and well-managed supplies.
Improving supply/demand trends have compelled many investors to look into the oil commodity world.
Though WTI crude ETF USO may benefit from the recent structural changes, USL and DBO appear as better bets due to their original investment objectives amid the ongoing pain in the oil patch.
Market participants believe that the oil market is dealing with dual blows of supply and demand.
The oil market is grappling with dual blows of supply and demand. The coronavirus pandemic is crippling oil demand while dispute within OPEC+ will soon lead to increased output.
The breakdown of the OPEC+-led output cut program dragged oil prices down while the commodity might see some price gains due to bargain hunting.
Growing travel bans and majorly disturbed supply chains largely due to the spike in the number of cases outside mainland China are leading to waning oil demand.
Oil prices suffer thanks to the heightening fears of Covid-19 turning into a global pandemic.
The spread of China's coronavirus has hurt oil prices and benefited inverse oil ETFs.
Oil manufacturers, including Russia and Saudi Arabia, have agreed to reduce oil output by another 500,000 bpd through the first quarter of 2020.
OPEC is likely to deepen the ongoing output cut. This can boost energy ETFs in the near term.
We highlight some ETFs that might get impacted as slowing global economic growth keeps oil prices under pressure.
Oil prices have been slumping due to escalating trade war and crowding US stockpiles.
Oil prices rebound on lower output levels from the world's largest producers in the third quarter.
We highlight some oil ETFs poised to gain from the latest drone attacks on Saudi Arabia's two major crude facilities.
Saudi brought in a royal family member in the energy sector's top position, probably to boost oil prices and facilitate Aramco's IPO. These ETFs can benefit if things go as planned.
The shooting down of an Iranian drone by the U.S. Navy has led to a rally in oil prices. We discuss its impact on ETFs.
We study the impact of the latest data from the American Petroleum Institute on oil ETFs.
OPEC decides to prolong oil production cuts into 2020, putting the spotlight on these ETFs.
Given the clouds over the outlook for oil investment, investors should place their bet on oil ETFs cautiously or could take advantage of the quick turn in sentiment with the help of leveraged or inverse...