Turn ETF ideas into real portfolios. Try the builder now →
The Energy Sector Remains the Worst Performer for the Year
ETF top story for the week of May 29 to June 2, 2023.
Keep up with what matters in ETFs
Get timely ETF insights, market trends, and top ideas straight to your inbox.
Your newsletter subscriptions with us are subject to ETF Central's Privacy Policy and Terms and Conditions.
WTI crude oil prices dropped 1.28% week-over-week only to rebound above $71.5/bbl after the Senate approved the bipartisan legislation to lift the debt ceiling. Gains were restrained, however, due to official data revealing an unexpected growth of approximately 4.5 million barrels in U.S. crude inventories over the course of the week.
This data hints at an elevated supply and softening demand, even as the travel-intensive summer season commences. And it’s against this backdrop that Saudi Arabia announced further voluntary cuts at the OPEC+ June 4th meeting. OPEC+ also revealed its intention to cap the collective output of oil at 40.463 million barrels per day throughout the period spanning January to December 2024. These decisions are expected to push oil prices higher and provide a floor for the coming months.
Global ETF Survey 2026 is Live!
With 1,790 new products launched by July 2026, choosing is harder than ever. Our Global ETF Survey 2026, built on 620 professional investors and allocators, shows how active, fixed income, options-based and thematic ETFs are reshaping fund selection.
On the natural gas front, prices continue to decline due to low consumption and ample supply. Global gas consumption already experienced a historic drop of 1.6% in 2022 with the war in Ukraine and disruptions in the supply of Russian gas to Europe, with warmer winter temperatures continuing to hurt demand in 2023. Meanwhile, U.S. gas production is set to hit a record high. Since the beginning of this year, the price of natural gas has plummeted by nearly 50%.
The S&P energy sector was up 1.31% for the week ahead of the OPEC+ meeting in Vienna but remains in the red year-to-date (-9.21%). This is the biggest drag on the broader market so far.
US Group Data
Funds Specific Data
Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.
Latest ETF News
See all ETF newsWhy IUSB Is Overtaking AGG as the Default Bond ETF for Investors
Beyond TLT: Treasury ETFs For the Long Duration Trade
MoneyShow Chart of the Day 9/30/26: Are Hyperscalers the New "Sovereigns?"
Advantages of ETFs over Mutual Funds1/6
Lower Costs
In this guide, we'll explore the advantages of ETFs over mutual funds, giving you valuable insights into why ETFs have gained significant popularity among investors like yourself.
Leveraged ETFs: Unlocking the Potential for Amplified Returns1/6
Understanding Leveraged ETFs
Explore leveraged ETFs: potential for amplified returns & risks. 5 ETFs to consider across equities, commodities & fixed income.
What is a Leveraged ETF?1/6
Introducing Leveraged and Inverse ETFs
In this guide, we'll dive into the world of leveraged ETFs, exploring their definition, mechanics, potential risks, and rewards.
Recent educational content
First Look ETF
First Look ETF: Income, International, and Cash Flow ETFs
In this season 6 episode of First Look ETF, Stephanie Stanton @etfguide examines the latest ETF marketplace trends with NYSE and guests.
ETF Trends
ETF Industry KPIs October 5, 2026
This week’s KPI data overview highlights key metrics and trends shaping the ETF landscape.
ETF Trends
ETF Industry KPIs September 28, 2026
This week’s KPI data overview highlights key metrics and trends shaping the ETF landscape.
ETF Trends
ETF Industry KPIs September 22, 2026
This week’s KPI data overview highlights key metrics and trends shaping the ETF landscape.
