ETF Database » IPW

Tuesday’s ETF To Watch: SPDR S&P International Energy Sector ETF (IPW)

Eric Dutram — Tue, 01 Feb 2011 09:00:44 +0000

Due to ongoing geopolitical concerns, the price of crude oil has remained in focus for the past week as investors have bid up the commodity to nearly $100/bbl. Tensions in Egypt have been the main culprit for the rise as traders are growing increasingly wary that the revolt with spread across the region and destabilize many of the world’s most important oil exporting countries. This has had an especially large impact on the price of Brent crude which is the benchmark for oil in the European region but is often augmented by supplies from the Middle East. Thanks to ongoing worries that the Suez Canal may be shut down and that European users will have to rely on Brent for a short-period of time, the possibility exists that Brent could remain elevated with respect to its WTI cousin in the U.S. for a considerable time. This bullish sentiment for Brent [...]

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Tuesday’s ETF To Watch: International Energy ETF (IPW)

Eric Dutram — Tue, 27 Jul 2010 08:00:40 +0000

The now infamous Deepwater Horizon oil rig disaster has sent millions of gallons of oil into the Gulf of Mexico and threatens to destroy the once-pristine beaches and wetlands of much of the Southeastern United States. This disaster could not have come at a worse time for the struggling region which has seen higher-than-average unemployment figures and anemic growth levels. This trend looks likely to continue as thousands of fishing and tourism jobs disappear from the Gulf due to the spill and fears over the safety over eating products from region or visiting the coast. In fact, some studies believe that the cost to the Gulf in terms of lost tourism dollars could approach $23 billion and last for three years. While this disaster has had a devastating impact on the environment and local businesses, it has also dealt a heavy blow to a variety of multinational companies involved in [...]

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This Week in ETFs: June 11th Edition

Jared Cummans — Fri, 11 Jun 2010 20:00:31 +0000

Overcoming a weak Wednesday, equity markets trended higher on the week; investors bought beaten-down shares as fears over the contagion in Europe temporarily subsided. The bulk of the week’s gain came on Thursday as the Dow gained 2.8% and the S&P 500 gained 3% on upbeat comments from the ECB as well as strong data from the U.S. and China. Shares of BP remained in focus as the company issued dividends despite political pressure from the Obama administration. In the commodity markets, gold retreated from its all time high last week to finish around the 1,230/oz. mark while oil trended higher to around $74/bbl. It was an interesting week in the ETF industry as well, as a handful of new funds launched and the pipeline continued to fill. Below we profile some of the most interesting stories in the world of ETFs over the past week: How Much Exposure To [...]

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Iraq Opens Its Doors: Oil & Gas ETFs In Focus

Michael Johnston — Thu, 25 Jun 2009 05:07:32 +0000

Big oil is turning its attention to Iraq once again. But this time, instead of fear and dread, oil companies are looking to the Gulf state with hope and optimism. In recent years, the Iraqi oil industry usually made the news for all the wrong reasons: sabotages of pipelines, bomb attacks at drilling sites, employee kidnappings, and government corruption. But U.S. and international oil firms are now focusing on the oil-rich nation as the site of expansion efforts that could prove to be very profitable. Beginning next week, the Iraqi government will auction off oil contracts to foreign firms for the first time since Western companies were kicked out of the country in 1972 in a broad wave of Mideast oil nationalization. By welcoming in foreign contractors, Iraq hopes to boost production at six developed oil fields to levels not seen even before the country’s invasion of Kuwait in 1990. From [...]

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ETF Database » IPW

Tuesday’s ETF To Watch: SPDR S&P International Energy Sector ETF (IPW)

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Tuesday’s ETF To Watch: International Energy ETF (IPW)

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This Week in ETFs: June 11th Edition

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Iraq Opens Its Doors: Oil & Gas ETFs In Focus

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