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Bullboard - Stock Discussion Forum iShares S&P/TSX Capped Energy Index ETF IUNSF


Primary Symbol: T.XEG

The investment objective of the Fund is to provide long term capital growth by replicating, to the extent possible, the performance of the S&P TSX Capped Energy Index the Index, net of expenses. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the... see more

TSX:XEG - Post Discussion

iShares S&P/TSX Capped Energy Index ETF > Price of Oil
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Post by Schussing56 on Jul 06, 2021 8:51am

Price of Oil

Just watched a TD WebBroker video.  Bart Malek thinks oil could get up over $80 per barrel in the short term but he doesn't think it's sustainable as there is a lot of capacity out there.  (ie. Iran, US Shale oil that is now profitable and, of course, Opec cuts).  Others I've heard have said that oil could be trading at $100 per barrel by next year.  I wonder who's correct?
Comment by EdPaquette on Mar 28, 2022 1:22pm
Can't believe no one posted here for 9 months.  Yes oil is above 100. I ran up my margin to the max to buy this.
iShares S&P/TSX Capped Energy Index ETF
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