XOP - SPDR S&P Oil & Gas Exploration & Production ETF
The ETFs seems poised to be affected by the recent news regarding the Oil output, that it's increasing due to the latest report from Iran that discovered a new oil field with over 50 billion barrels, plus the announcement from OPEC + that isn't going to cut its Oil output for now. Working in favor of the asset we have for now only the perspective of increase of revenue on this quarter due the Winter season, but this its a weak argument compared to the current geopolitical context.
The ETFs seems poised to be affected by the recent news regarding the Oil output, that it's increasing due to the latest report from Iran that discovered a new oil field with over 50 billion barrels, plus the announcement from OPEC + that isn't going to cut its Oil output for now. Working in favor of the asset we have for now only the perspective of increase of revenue on this quarter due the Winter season, but this its a weak argument compared to the current geopolitical context.
Igor Silva · análise técnica e sistemas quantitativos
▎ TraderLab — cursos, indicadores e execução com disciplina · traderlab.finfocus.com.br/
▎ TraderLab — cursos, indicadores e execução com disciplina · traderlab.finfocus.com.br/
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Igor Silva · análise técnica e sistemas quantitativos
▎ TraderLab — cursos, indicadores e execução com disciplina · traderlab.finfocus.com.br/
▎ TraderLab — cursos, indicadores e execução com disciplina · traderlab.finfocus.com.br/
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.