Wall Street suffered its worst daily drop since late August and was off to the worst start to a quarter in about a decade with two consecutive days of decline.
Energy markets and related ETFs slipped Friday as Saudi Arabi considers breaking off its four-year alliance with Russia as the spreading coronavirus outbreak impedes economic activity and pulls down oil ...
The energy market and sector-related ETFs rallied on Friday as crude oil prices spiked on fears of retaliatory attacks from Iran on the Middle Eastern energy infrastructure in response to a U.S. airstrike ...
Brent rose about 5% last week - its first weekly gain in five weeks - while crude jumped about 10% - its biggest weekly percentage gain since December 2016.
The month of January witnessed Middle-East tension, the coronavirus outbreak and the return of global growth worries, putting the spotlight on these ETFs.
Oil price saw a tumultuous ride on dual attack by the Fed and Trump. Both crude and Brent saw their worst daily performance in more than four years, plunging more than 8% each.
The month of January witnessed Middle-East tension, the coronavirus outbreak and the return of global growth worries, putting the spotlight on these ETFs.
The OPEC and its allies including Russia are reportedly in discussion for deeper output cuts by another 500,000 barrels a day to stabilize the coronavirus-infected oil price.
The energy sector has endured some pain this year and that is reflected in the group's small-cap constituents. Just look at the Invesco S&P SmallCap Energy ETF (PSCE) , which is lower by nearly 16% year-to-date. While may seem counter-intuitive, PSCE could actually be worth a look at a time when so many investors are throwing in the towel on energy stocks.
Energy ETFs are quite a scare this Halloween, thanks to a subdued earnings picture, operating woes, dismal demand outlook and downbeat stock market performance.
We have highlighted five ETFs that gained most with the Wall Street rebound on Sep 5.
Energy ETFs were among the hardest hit Friday after China revealed its intent to raise tariffs on U.S. goods and particularly singled out crude oil imports. Among the hardest hit ETFs on Friday, the Invesco ...
Among several subsectors, equipment and services ETFs suffered the most in May.
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.
Oil and energy sector-related ETFs led the charge on Thursday, with oil prices touching a three-month high, as an improving demand outlook driven by trade hopes helped offset rising U.S. inventories. Among ...
OPEC is likely to deepen the ongoing output cut. This can boost energy ETFs in the near term.
OPEC decides to prolong oil production cuts into 2020, putting the spotlight on these ETFs.
Energy sector ETFs were among the worst hit in the risk-off selling on Wednesday as crude oil prices plunged on an unexpected rise in U.S. crude inventories and a weaker global outlook. Among the hardest ...