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KOL - In Energy 'Coal' Is A Four-Letter Word - ARCH Is Another
VanEck Vectors Coal ETF
2020 has been a wild year in the energy sector of the commodities market. In late March, the price of natural gas fell to its lowest level since 1995 when it found at least a temporary bottom at $1.519 per MMBtu. In April, NYMEX crude oil futures fell to not only a new low below the 1986 bottom at $9.75 per barrel but into negative territory for the first time in modern history.
Energy-related stocks had signaled weakness coming into the demand devastation caused by the spread of Coronavirus. When energy commodities displayed strength, the