Here are five top energy ETFs investors can consider buying in 2024 to benefit from higher oil prices.
The oilfield services supercycle is still going strong and driving growth and FCF for the oilfield companies, and capital returns for investors.
Crude oil futures have been in a bullish trend since early May 2023. In 2022, Nearby NYMEX and Brent futures prices rose to a fourteen-year high at over $130 per barrel. After halving in value at the May...
Shell and Exxon have issued dire warnings around upcoming earnings, pointed lower due to falling energy prices. The future beyond this quarter remains bright
Sector ETF report for XES
Smart Beta ETF report for XES
After falling to the lowest level since December 2021, oil price notched the steepest one-day increase in more than a year to start the new month.
Sector ETF report for OIH
CRAK, XES, PXJ, IEZ and OIH are part of the Zacks top Analyst Blog.
Optimism in the oil space due to China's economic recovery may be marred by the latest global banking crisis and the resultant recessionary fears. However, prolonged under-investment in the space may keep...