How green energy push might regulate rise in fuel prices
India Today
Money managers of energy-based Exchange-Traded Funds (ETF) are not only grappling with low returns, but they are also worried about the widening gap between prices of stocks and the underlying commodity.
Globally, oil prices have surpassed pre-Covid levels. But stock prices of big oil companies are still struggling to match the actual oil prices. Money managers of energy-based Exchange-Traded Funds (ETF) are not only grappling with low returns, but they are also worried about the widening gap between prices of stocks and the underlying commodity.
At its peak, the coronavirus pandemic battered economies, and global energy demand dropped by nearly 5 per cent in 2020 the highest since 1945. Accompanying lockdown measures to contain the virus halted economic activities.