Energy ETFs Rally as Exxon Reports Surging Profits on High Oil Prices

by admin | 02/01/2022, 14:45

Energy-related exchange traded funds continued to push higher as Exxon Mobil Corp (XOM) and Chevron Corp (CVX) revealed that elevated crude oil prices are helping energy companies enjoy big gains. Among the best-performing non-leveraged ETFs of Tuesday, the SPDR Oil & Gas Equipment & Services ETF (NYSEArca: XES) advanced 4.6%, the SPDR S&P Oil & Gas […] Read more at ETFtrends.com.

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