CRAK the Oil Code with This VanEck ETF March 12, 2021
Getting exposure to the current rally in oil prices could be as easy as seeking a pure oil play. But investors can also opt to refine their choices further with ETFs like the
(CRAK). As the global economy continues the healing process, oil refiners could prosper.
“In 2021, the impact of seasonality on gasoline prices could be dramatic,” an Oil & Gas 360 article noted. “Last year, the global pandemic caused unprecedented demand destruction in the energy sector. As vaccines create herd immunity to the virus, people will get back in their cars, on planes, and other modes of transport that they avoided throughout 2020 and early 2021. Oil and oil product prices have been rising on rising demand for fuels and optimism over a continuation of higher requirements.”
ETFs to Win & Lose From the Surge in Oil Price
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MV Index Solutions Announces Quarterly and Semi-Annual Index Review Results Q4/2020 – IT Business Net
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MV Index Solutions GmbH: MV Index Solutions Announces Quarterly and Semi-Annual Index Review Results Q4/2020
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33
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14
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26
1 Semi-annual review
A complete list of components and weights is available on www.mvis-indices.com. Index methodology, comprehensive index information as well as information about financial products based on MVIS Indices can also be found on our website. The next quarterly review results will be announced on 12 March 2021.
Note to Editors:
MV Index Solutions (MVIS) develops, monitors and licenses the MVIS Indices and BlueStar Indexes, a selection of focused, investable and diversified benchmark indices. The indices are especially designed to underlie financial products. MVIS Indices cover several asset classes, including equity, fixed income markets and digital assets and are licensed to serve as underlying indices for financial products. Approximately USD 21.88 billion in assets under management (as of 11