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$72.54
+0.82 (+1.14%)
At Close: Apr 25, 2024
Oil prices surged recently to their highest levels since October as investors closely monitored escalating geopolitical tensions in key regions. The improved demand outlook is another reason for which

5 Commodity ETFs Riding High in 2024

01:11pm, Wednesday, 03'rd Apr 2024
The Bloomberg Commodity Index, a widely viewed measure of broad commodities prices, rose to its highest level since November driven by higher prices for oil, gold, and cocoa.
Gas prices have started to climb up ahead of the summer driving season. Investors could easily take advantage of surging gas prices by focusing on the pure-play United States Gasoline ETF (UGA).
Gasoline prices could soar in the coming months due to factors such as the price action in crude oil, turmoil in the Middle East, the U.S. election, and the low level of the U.S. Strategic Petroleum R

Time for Oil & Energy ETFs?

01:01pm, Monday, 29'th Jan 2024
Oil prices have been in great shape this year. If the Gaza truce takes time to materialize, the rally could prolong.
Gasoline prices have declined and are expected to fall further due to seasonality and low demand during the winter months. Factors such as COP28, ongoing wars, and U.S. energy policy support the possi
Good morning, VettaFi Voices! Last Friday, the holiday shopping season kicked off in earnest (while I hunkered down in my house eating turkey sandwiches and waited for the initial frenzy to pass).

UGA: Is Gasoline's Bullish Trend Ending?

03:40pm, Thursday, 17'th Aug 2023
Gasoline prices have rallied throughout 2023, approaching $3 per gallon wholesale. The gasoline crack spread, a measure of refining costs, has been trending higher, indicating robust refinery profits
UGA: The Gasoline ETF For The Peak Driving Season.
The increase in oil and sugar prices has affected not only households but also ETFs. Oil ETFs have surged in response to rising oil and gas prices.
UGA was the first ETF created (back in 2008) to track the price of gasoline, using futures contracts. In this report, I go light on the intricacies of the gasoline market, to focus on how investors ca
An all-time high in gasoline futures and a correction. Seasonality is critical in gasoline, and we're in the offseason for demand.
UGA is an ETF with a gasoline futures market price exposure. I wrote a bullish article in May and prices went up into early June, but in early July started trading gas futures from the short side.

Time for Oil & Gas ETFs for 2023?

02:18pm, Friday, 26'th Aug 2022
Oil prices jumped recently after Saudi indicated that OPEC could slash output.

Oil ETFs Slide as Americans Cut Back on Driving

06:23pm, Wednesday, 03'rd Aug 2022
Crude oil prices and related exchange traded funds plunged Wednesday, with gasoline prices easing, as Americans cut back on the traditional summertime road trip.
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