XOP skyrocketed

Oil Stock ETFXOPhas skyrocketed.

From the lowest price of $128.10 in 2024/2 this year to the current value of $147.5315.16%(Rate of increase) Prices are rising.

Crude oil futures WTIIt is contrary when compared to the fact that it is developing softly.

Crude oil futures WTIWhat is the rate of increase from the February lowest price of $71.41 to the current value of $79.8111.76%It is.

Oil stock ETFs are betterupfrontIt was bought by doing it.

There are several possible reasons why oil stocks are being bought.

①geopolitical riskThe rise of. The war is intensifying beneath the surface.

② Problems caused by the transportation business.climate and warTransportation costs (fuel) have risen due to the effects of this, and problems with routes have occurred.

③Dollar depreciationI expect the trend to get stronger. If the dollar becomes cheaper, the value of crude oil will rise relatively.

④soft landingIt is anticipated that the economy will be revitalized as a result. If the US is booming, crude oil consumption will rise.

⑤price increaseI'm expecting it. Investors are buying high-dividend stocks thinking that prices will not drop any further.

CPIIs going down reluctantUS 10-year bond yieldIf you consider that they are being bought even in the current situation where there is a backlashInflation reignitedThere is a high possibility that they are buying it because they are concerned.