Vanguard S&P Mid-Cap 400 ETF
Will Trade Based on Buying Natural Gas and Selling Oil Unwind?
On December 11, natural gas January futures fell 3% and settled at $4.41 per million British thermal units.
Natural Gas Is near a Nine-Month High: What’s Next?
On November 6, natural gas December futures fell 0.3% from a nine-month high and settled at $3.56 per MMBtu.
Why Was Energy Sector a Drag for Investors despite Rise in Oil?
Between April 6 and April 13, 2017, the Energy Select Sector SPDR ETF (XLE) fell 1.9%.
Natural Gas’s Multiyear Rise Might Not Be Stoppable
On November 13, natural gas December futures rose 8.3% and settled at $4.10 per MMBtu—the highest closing level since November 26, 2014.
The EIA’s Inventory Data Could Fail to Propel Oil Prices
The EIA reported a fall of 2.7 MMbbls (million barrels) in US crude oil inventories to 437.1 MMbbls in the week that ended on January 11.
Will US Crude Oil Maintain the $54 Level on February 5?
On February 4, US crude oil prices fell 1.3% and settled at $54.56 per barrel. US crude oil active futures made an intraday high of $55.75.
Will the Rebound in Oil Prices Be Short-Lived?
On December 26, US crude oil active futures settled at $46.22 per barrel—8.7% higher than the lowest closing level since June 21, 2017.
Will the US Senate Vote on Yemen’s War Help Oil’s U-Turn?
Saudi Arabia is the largest oil producer among OPEC countries. If OPEC and non-OPEC members agree to a production cut, oil might make a U-turn.
Oil: Famous Recession Indicator Might Be a Concern
On January 2, US crude oil active futures settled at $46.54 per barrel—2.5% higher than the last closing level due to short covering.
What Caused the Upside in Natural Gas Prices?
On December 4, natural gas January futures rose 2.7% and settled at $4.457 per million British thermal units.
Have US Equity Indexes Made Oil’s Fall Sharper?
The Technology Select Sector SPDR ETF (XLK) rose 2%. XLK was the outperformer among sector-based SPDR ETFs.
How Has Oil Influenced Energy ETFs in the Last Week?
US crude oil active futures rose 5% in the trailing week, which might have been behind the upsides in energy sector ETFs.
Analyzing the Energy Sector Last Week
On December 7–14, US equity indexes ended in the red. Last week, IVOO, SPY, and DIA fell 2.7%, 1.3%, and 1.2%, respectively.
Russia’s Production Cut Decision Could Make or Break Oil Prices
OPEC members have provisionally decided to implement production cuts but are waiting for Russia to agree to a cut.