Today we have brought for you Top 3 Best Energy Mutual Funds of United States America.
Currently, the biggest factor in ramping up energy and oil prices worldwide has been the Russia-Ukraine war.
West Texas Intermediate crude settled at $119.41 a barrel after touching its highest level since Mar 8.
Another crude oil, Brent crude came in at $120.57 a barrel, up 0.9%, its highest level since May 31.
With the rise in crude oil prices to the north, the shares of oil companies are also rising steadily.
1- BNY Mellon Natural Resources Fund Class I:It invests most of its net assets in natural resources and areas related to natural resources.
2- Fidelity Advisor Energy Fund: This fund invests the majority of its net worth in securities of companies mainly engaged in the energy sector.
Fidelity Advisor Energy Fund invests in traditional and new sources of energy in the oil, gas, power and coal sectors.
3- PGIM Jennison Natural Resources Fund: This fund invests in equity and equity-related securities and asset-based securities of natural resource companies.