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Zacks News
Oil ETFs Up on Surprise OPEC+ Output Cut
by Sanghamitra Saha
Oil prices increased considerably on Sep 5 as OPEC+ producers agreed a small oil output cut.
More Rally in Oil ETFs in the Cards This Week?
by Sanghamitra Saha
Oil prices have soared to their highest levels in many years due to geopolitical tensions in Europe and the Middle East. Sudden jump in production is also unlikely.
Tough Time for Energy ETFs on Oversupply Concerns?
by Sanghamitra Saha
Oil prices declined more than 2% on Jul 14 after major global oil producers clinched a deal about supply, which gives cues of oversupply concerns.
Optimistic About Oil ETFs? 2 Factors May Hurt the Energy Market
by Sanghamitra Saha
Oil prices have staged a rally lately. But uncertainty about the OPEC+ deal, chances of higher output and the resurgence of the delta variant of Covid have made the space a winner.
Tropical Storms Put These Oil ETFs in Focus
by Sweta Killa
Oil price has shown some strength over the past couple of days as the two tropical storms - Marco and Laura - threatened more than half of the production in the Gulf of Mexico and prompted refinery cuts.
5 Oil ETFs Gain as OPEC Agrees to Boost Production
by Zacks Equity Research
As OPEC decides to boost production, the spotlight shifts again to oil ETFs.
Oil ETFs Plunge on Hopes of Output Boost
by Dipankar Mukherjee
Will continuous oil price decline affect ETFs?
Crude Oil ETF (OILK) Scales a New 52-Week High
by Zacks Equity Research
Oil ETF hits a new 52-week high on increased concerns in Saudi Arabia.