Investment
Features
FeesSafety
Academy
More
Pluang+

WTI crude tops $104 amid Middle East tensions; investors eye energy ETFs and funds for exposure.

Market News
03 Apr 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

WTI crude oil prices have surged past $104 per barrel, the highest in a year, due to conflict shutting parts of the Strait of Hormuz. This nearly doubles the price since December 2025 and raises concerns about further supply disruptions pushing prices to $150. Investors are considering two key funds: the Energy Select Sector SPDR Fund (XLE), a low-cost ETF focused on major U.S. energy companies, and the Adams Natural Resources Fund (PEO), an actively managed closed-end fund with a broader natural resources portfolio and a strong dividend history. XLE offers straightforward exposure with liquidity and a modest dividend, while PEO provides higher income with an 8% annual payout but trades at a discount to net asset value, adding complexity. Each fund suits different investor goals amid volatile oil markets.

More News (XLE)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App