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VANECK VECTORS OIL REFINERS ETF News

$35.79
+0.277 (+0.780%)
At Close: Jun 28, 2024
VanEck CEO Jan van Eck thinks the commodities' rally has more room to run.
Jan Van Eck, VanEck Associates CEO, joins CNBC's Bob Pisani on 'ETF Edge' to discuss the reflation trade, how investors can position during this uncertain time, and assess VanEck's latest ETF products
According to OPEC's December Oil Market Report, the demand for crude oil is expected to outpace the supply increase from non-OPEC sources.
NEW YORK--(BUSINESS WIRE)--VanEck announced today the 2023 annual distributions per share for its VanEck® equity exchange-traded funds.
On December 6, U.S. crude oil experienced a sharp 4% decline, marking its lowest price since late June.

Oil Falls Below $80: ETF Areas to Win/Lose

02:17pm, Friday, 17'th Nov 2023
The U.S. crude oil market is currently experiencing a complex interplay of increasing supply, decreasing demand, and speculative influences.

Is Oil Set to Dive in 2024? ETF Areas to Gain

02:16pm, Friday, 13'th Oct 2023
Though prices remained steady currently due to geopolitical tensions in the Middle East, chances of a prolonged bull run in oil prices have been dampened lately as the "demand destruction" became evid
Oil prices jumped more than 4% on Oct 9, 2023 due to the Israel-Hamas conflict.
Oil futures touched a fresh 2023 high on Wednesday. Oil prices may hit $100/bbl soon.
Oil analysts forecast a sustain rally in the liquid commodity price may lead it to the $100-level by the end of this year.

Refiner Stocks Surge on Diesel Price Spike

12:51pm, Monday, 11'th Sep 2023
Refineries are benefiting from a shift in crude exports. Both Saudi Arabia and Russia have cut their oil production---to prop up oil prices.
The rationale for investing in natural resource equities and commodities has stayed consistent: to enhance portfolio diversification, access global growth and hedge against inflation. The sharp econom
These sector ETFs are likely to be hurt if there is surge in oil prices.

CRAK: Buy Refiners On Potential Chinese Stimulus

07:04am, Thursday, 27'th Jul 2023
The CRAK ETF provides exposure to a portfolio of global refiners. A large gulf-coast refinery has been taken offline, tightening fuel markets. Tighter supply combined with expectations of Chinese stim
CRAK is too tough to call, there are plenty of good reasons to see declines in the sector, and multiples are pricing in lots of problems. Crude prices get to stay higher because of exogenous supply cu
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