(March 2021)

The onset of the pandemic had weak demand for about every good in the U.S. except toilet paper. The traditional energy sector is the basis for so much of the economy that this, in turn, caused a huge oversupply, so much so that oil prices dipped into the negative. Pent-up demand and smaller supply put the traditional energy sector in a good place for a comeback as OPEC members have slowed production. As the economy opens back up, oil and gas will benefit from returning commutes, travel plans, and all the goods circulating the economy as well.  Energy ETFs like the SPDR fund XLE, which has holdings of exclusively U.S. energy companies—with its largest holdings being among Exxon Mobil, Chevron, and ConocoPhillips—are in a bullish position to rally from the reopening. VanEck Vectors Oil Services (OIH) SPDR’s Oil and Gas Production ETF (XOP) also hold a collection of major oil and gas companies.


FINSUM + Magnifi: Commodities and energy stocks are in the best position to benefit from the reopening and returning to normalcy and a quick vaccine turnaround might make that sooner rather than later. Get ahead of the next commodities supercycle. 


Magnifi is changing the way we shop for investments, with the world’s first semantic search engine for finance that helps users discover, compare and buy investment products such as ETFs, mutual funds and stocks. As of March 2021, 250,000+ users with $475+ Billion in Assets Under Influence, has used Magnifi over 1,200,000 times. Try it for yourself today.


This blog is sponsored by Magnifi. The information and data are as of the publish date unless otherwise noted and subject to change. This material is provided for informational purposes only and should not be construed as individualized investment advice or an offer or solicitation to buy or sell securities tailored to your needs. This information covers investment and market activity, industry or sector trends, or other broad-based economic or market conditions and should not be construed as investment research or advice. Investors are urged to consult with their financial advisors before buying or selling any securities. Although certain information has been obtained from sources believed to be reliable, we do not guarantee its accuracy, completeness or fairness. Past performance is no guarantee of future results. This content may not be reproduced or distributed to any person in whole or in part without the prior written consent of Magnifi. [As a technology company, Magnifi provides access to tools and will be compensated for providing such access. Magnifi does not provide brokerage or custody services.]