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home / news releases / COM - To Frack And Drill Or Not: How The 2024 Election Will Affect OIH ETF's Fate

COM - To Frack And Drill Or Not: How The 2024 Election Will Affect OIH ETF's Fate

Direxion Auspice Broad Commodity Strategy

2024-02-02 14:15:37 ET

Summary

  • The future of U.S. fossil fuel production and consumption is uncertain leading up to the 2024 U.S. election.
  • The VanEck Oil Services ETF could be influenced by the election results, causing volatility in the ETF.
  • The OIH ETF tracks oil prices and has experienced significant price fluctuations in response to changes in the oil market and energy policies.

Shakespeare's Hamlet delivered one of the most-quoted lines in history when he said, " To be, or not to be ." While the Prince of Denmark opined on the question of life or death, the energy markets are pondering the future of U.S. fossil fuel production and consumption in early 2024....

For further details see:

To Frack And Drill Or Not: How The 2024 Election Will Affect OIH ETF's Fate
Stock Information
Company Name: Direxion Auspice Broad Commodity Strategy
Stock Symbol: COM
Market: NYSE
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