Page 5 - Commodity Etfs News Today

Crude oil prices and related ETFs bounced on Friday but were still heading toward a weekly loss as traders weighed the possibility of further disruptions.

Oil-related exchange traded funds have surged this year, with crude oil prices topping $130 per barrel for the first time since 2008.

A wheat-related exchange traded fund is plunging Wednesday after the U.S. Department of Agriculture reported on a bigger-than-expected stockpile.

As war grips Europe for the first time since World War II, exchange traded fund investors have dumped European equity exposure, favoring a commodities tilt to capture the surge in energy prices and rising inflationary pressures.

Energy exchange traded funds continued to rally Tuesday after President Joe Biden said the U.S.will be banning oil imports from Russia in response to Moscow's invasion against Ukraine.

Energy-related exchange traded funds climbed on Monday, with crude oil prices hitting their highest level since 2008.

Natural gas-related exchange traded funds continue to burn bright as the Russia-Ukraine conflict fuels uncertainty in the energy markets.

A palladium exchange traded fund soared on Friday, with palladium prices briefly trading above $3,000 per ounce for the first time since May.

A nickel-related exchange traded fund is strengthening on Friday, with nickel prices breaking above $30,000 for the first time since 2008.

Investors are turning to commodities exchange traded funds to ride the rally in raw materials as the Russia-Ukraine war disrupts global supplies.