24/10/2025 09:36

BetaShares Global Energy ETF (FUEL) $6.56

This major ASX-traded global energy ETF allows investors to gain exposure to the international energy names, tracking the NASDAQ Global ex-Australia Energy Companies, currency hedged. This ETF currently has 51% in US companies, followed by 17% in Canada, 12% in the UK, and 7% in France.

Read more

10/10/2025 09:13

BetaShares Global Energy ETF (FUEL) $6.59

This major global energy ETF allows investors to gain exposure to the international energy names as it aims to track the NASDAQ Global ex-Australia Energy Companies, currency hedged. This ETF currently has 51.2% in US companies, followed by 17.8% in Canada and 12% in the UK, with 45 current holdings headed by well-known Shell, Exxon and Chevron. The ETF costs 0.57% to provide exposure to this basket of global energy stocks.

Read more

22/07/2025 09:17

BetaShares Global Energy ETF (FUEL) $6.30

ASX-traded FUEL ETF tracks the NASDAQ global ex-Australia Energy Companies currency hedged Index for a cost  of 0.57% pa. The ETF currently carries exposure of  57% US, 13% Canada, 12% UK, 6% France across 48 holdings.

Read more

17/06/2024 08:48

Commodities

Copper (Cu) has corrected almost 15% over the last few weeks, falling almost as sharply as it appreciated from its late 2023 swing low. It's been a volatile ride for the industrial metal, but we believe it's now due to consolidate in the $US4.50-5.00 region after its “blow off” top above $US5.00, one we called at the time.

Read more

04/06/2024 09:09

Global Markets

US equities were quiet overnight with no standout leads; tech managed to offset a drop in the energy names, and a +0.1% gain by the S&P says it all. As we alluded to on Monday, with no meaningful lead until Friday, it could be a quiet week for the broader market. Manufacturing data came in weaker than expected, which sent bonds higher and yields lower, but it wasn’t enough to excite stocks ahead of Friday.

Read more

03/06/2024 08:58

Commodities

Brent crude edged lower on Friday and last week, although interestingly, the Energy Sector surged +2.5% on Friday night AEST. Oil has been in the same trading range for almost 2 years, and there are no signs this is about to end into Christmas. However, a number of the related ASX oil stocks are starting to find some support, albeit around two-year lows.

Read more

28/05/2024 09:13

The Energy Sector is pulling in different directions

At MM, we adopt a “top-down” meets “bottom-up approach” to investing. In other words, we identify the macro-picture and sectors which should outperform accordingly before boring down into the individual stocks which should benefit the most and pass MMs screening. Importantly, within individual sectors there are many different companies exposed to different drivers, and this is certainly the case in Energy sector where the likes of Thermal Coal, Oil, Gas and Uranium, can all be pulling in different directions at once.

Read more

07/05/2024 09:34

Global Markets

US stocks rallied to fresh 4-week highs overnight as investors took solace from Friday's jobs report and news that ceasefire talks are advancing in the Middle East. Overall, considering the macro headwinds which weighed on stocks through April, the less than  6% pullback demonstrates the market's current internal strength.

Read more

29/04/2024 08:57

Commodities

Crude oil feels like it has been on a volatile journey as Middle East tensions escalate; we only have to visit the petrol pumps to see its advance in 2024, with Premium 98 around $2.50 at many locations around Sydney. However, if we sit back and look at where crudes traded over the last few years, it's been in a sideways congestion pattern, and we’re pretty much in the middle of the range today.

Read more

08/04/2024 08:46

Commodities

Brent crude oil has already rallied 19% in 2024, creating a tailwind for the Energy Sector while at the same time concerning economists that inflation will prove more challenging to vanquish as the influence of higher fuel costs rolls through the global economy. Interestingly, the advance by oil hasn’t been accompanied by many bulls, and with the potential conflict between Israel and Iran increasing, supply concerns are likely to remain elevated for some time. However, the recent supply disruptions are more widespread than just in the Middle East.

Read more