XLE ETF has much territory to recover.
War keeps oil prices surging, sanctions and cuts in supply play their part in the boom of the energy sector.
On the long run still, I think we'll see it normalize in the sense that I don't think a reversion of the trend wouold be possible (meaning price surpass 100USD). Unless war times worsen.
Hopefully for all people involved in the armed conflict this situation will find it's end soon.
XLE
War keeps oil prices surging, sanctions and cuts in supply play their part in the boom of the energy sector.
On the long run still, I think we'll see it normalize in the sense that I don't think a reversion of the trend wouold be possible (meaning price surpass 100USD). Unless war times worsen.
Hopefully for all people involved in the armed conflict this situation will find it's end soon.
Germán F. Singer
Asesor Financiero
Mat. CNV 1668AP
Asesor Financiero
Mat. CNV 1668AP
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Germán F. Singer
Asesor Financiero
Mat. CNV 1668AP
Asesor Financiero
Mat. CNV 1668AP
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。