Production Cuts, Better Demand Could Boost Energy ETFs
June 23, 2023 at 08:00 AM EDT
Energy equities and ETFs are incurring punishment on multiple fronts this year. First, growth stocks are back in style and driving the broader market higher, giving investors reason to repudiate slower growth sectors. Second, supply and demand dynamics currently aren’t in favor of energy stocks. Those factors are weighing on exchange traded funds such as [...] The post Production Cuts, Better Demand Could Boost Energy ETFs appeared first on ETF Trends .
