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Despite Getting A War-Fueled Boost from Higher Oil Prices, This Top ETF Just Cut its Exposure to Energy Stocks

Despite Getting A War-Fueled Boost from Higher Oil Prices, This Top ETF Just Cut its Exposure to Energy Stocks

Key Points The Schwab U.S. Dividend Equity ETF recently reduced its exposure to energy stocks. It cut three energy companies while adding one new holding. The fund still has meaningful exposure to energy stocks. 10 stocks we like better than Schwab U.S. Dividend Equity ETF › The war has fueled a massive spike in crude

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WTI declines to near $64.00 despite elevated geopolitical risks

WTI declines to near $64.00 despite elevated geopolitical risks

West Texas Intermediate (WTI) Oil price depreciates after three days of gains, trading around $64.00 per barrel during the Asian hours on Friday. However, WTI stayed on track for roughly 12% monthly gains, underpinned by a rising geopolitical risk premium. Geopolitical risks stayed elevated after Iran warned it would “defend itself and respond like never

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Oil looks set to reach $90 despite US production at near full capacity

Oil looks set to reach $90 despite US production at near full capacity

WTI Oil closed off Thursday at $82.82, close to a fresh five-month high. Oil traders remain bullish despite recent US stockpile build-ups. The US Dollar Index trades in the green,  and could post a fresh monthly high.  Oil prices have been heading higher in recent weeks, with several elements painting a rather sketchy picture of

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