Energy ETFs Climb After OPEC’s Optimistic Global Outlook
January 04, 2022 at 15:58 PM EST
Energy sector-related exchange traded funds surged on Tuesday after the Organization of Petroleum Exporting Countries and its allies, including Russia, or OPEC+, agreed to raise crude oil output on bets that the COVID-19 Omicron variant won’t have an outsized negative effect on demand. Among...