IXC News and Press, iShares Global Energy From 09/30/21

Executives at U.S. fracking companies are worried that coming vaccine mandates will exacerbate an already serious labor shortage at a time of rising oil and gas prices, the Wall Street Journal reports. Oilfield service companies say many of their workers in U.S. shale regions are unvaccinated...

Regardless of what happens with the economy and bonds over the rest of the year, we are nearing peak exuberance in stocks. Most people fear that a slowing economy will be the trigger for a stock market selloff, but that may be the wrong worry. Bear markets are generally associated wit...

OPEC produced 26762 kb/d of crude oil in Aug 2021 based on secondary sources, an increase of 151 kb/d from June. World oil supply decreased by 30 kb/d in August, relatively flat compared to last month. OPEC 13 output may struggle to rise above 28.4 Mb/d unless sanctions are remove...

Stocks are expensive, and people aren’t buying because they want to but rather because they feel like they have to. When people say they are panicking into “the market”, what they really mean is they are panicking out of bank deposits or other safe assets. This pa...

IXC had a busy week, rising and falling at an above-average pace each trading day, compared to the broader market. This action was a good reminder that Energy is volatile, now, and over time. In fact, oil prices are one of the most volatile commodities in the market. Production is...

The Energy sector carried its momentum from the end of 2020 into 2021 and ended Q2 as the S&P 500's best performer after returning a staggering 45.61%. US oil production has been steady around 11 mbpd for most of 2021 given producers' conservative capital allocation strategies tow...

Last month, the fear was excessively high inflation but in the first week of July growth fears have come to the fore. A weaker than expected non-manufacturing PMI in the US has triggered a sharp decline in global government bond yields. The UK’s vaccination program may have...

We believe the absence of an agreement increases uncertainty for the crude market. Going forward, we believe that the probability of outcomes for crude prices is greater. We believe there is limited upside at current spread levels for investment-grade producers. For further ...

As the world convalesced from the pandemic, stocks advanced in the second quarter and earnings rebounded across sectors. With business gains broadening amid complex market risks, we think investors should lean on quality to find stocks that will perform well in a normalizing world eco...

After a long bear market, the energy sector has low capex and is likely setting up for a longer-term bull market, not just a transitory blip. An analysis of every major energy/power source, including their shortcomings. My favorite energy stocks for the long run. For further...