Oil & gas ETFs are among the best performers of the day

Apr. 28, 2021 12:38 PM ETSPDR S&P Oil & Gas Equipment & Services ETF (XES), OIH, PXJ, IEZ, FCG, RYE, IEO, XOPOIH, PXJ, IEO, IEZ, XES, XOP, RYE, FCGBy: Jason Capul, SA News Editor
  • A little after the midpoint in today’s trading and market, participants can see the top-performing exchange traded funds all fall in the energy sector, with oil pushing through $64/bbl.
  • The +2% move up in oil futures comes as crude inventories rise slightly in the latest EIA report.
  • Below are some of the top moving exchange traded funds on the day:
  • S&P Oil & Gas Eqpt & Services SPDR (NYSEARCA:XES): +5.81%.
  • US Oil Equipment & Services Ishares ETF (NYSEARCA:IEZ): +5.44%.
  • Dynamic Oil & Gas Services Invesco ETF (NYSEARCA:PXJ): +5.36%.
  • Oil Services Vaneck ETF (NYSEARCA:OIH): +5.24%.
  • Natural Gas ETF FT (NYSEARCA:FCG): +4.38%.
  • S&P 500 EW Energy Invesco ETF (NYSEARCA:RYE): +4.26%.
  • S&P Oil & Gas Expl & Prod SPDR (NYSEARCA:XOP): +4.26%.
  • US Oil & Gas Expl & Prod Ishares ETF (BATS:IEO): +4.14%.
  • In other commodities-related news, Goldman Sachs sees commodities rallying and oil reaching $80/bbl over the next six months.

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