Energy ETFs Surge, Oil at Highest Since 2008 on Hints of Russia Oil Ban
Energy-related exchange traded funds climbed on Monday, with crude oil prices hitting their highest level since 2008.
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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.