XLE: A Fund Whose Time Has Come
2026-02-12 10:41:03 ET
The State Street Energy Sector Select ETF ( XLE ) is a fund whose time has come. After nearly a decade out of favor—interrupted by one bull run in 2022—oil is finally showing signs of stabilizing and even rising, and the big oil majors are rising right along with it. After a brief period of hiking oil output , OPEC is now staying put, while generative AI is consuming ever-rising amounts of energy. Despite the rise of renewables, oil demand has been slowly increasing with time, and now, energy-intensive AI applications are providing a totally new source of demand for coal and natural gas. It all points to a healthy market for petrochemicals for some time in the future....
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XLE: A Fund Whose Time Has Come
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