Range Global Coal Index ETF

COAL

Market cap $68.8M

Volatility has defined energy markets throughout 2026, as oil prices and equities respond to geopolitical turmoil and shifting global supply expectations. While the year began with a bearish consensus forecast for oil prices in the high $50s, escalating tensions in the Middle East have pushed crude significantly higher.

Stacey Morris, head of energy research at VettaFi, joined Nate Geraci on this week's ETF Prime to discuss energy ETFs amid the Iran conflict. Geopolitics currently dominates oil prices and energy stocks, though the sector posted strong gains before the war began, according to Morris.

While geopolitical headlines often focus on short-term volatility in the Middle East, the long-term investment case for energy remains centered on security, reliability, and North American export dominance. Stacey Morris, CFA, head of energy research at VettaFi, recently highlighted some long-term views on energy investing beyond the current oil price spike.

As Europe confronts a new energy crisis, we explore key measures to strengthen energy security beyond simply lowering energy bills, and the potential implications for business leaders. Europe now relies on a wider range of suppliers, but paradoxically, the new geopolitical situation still leaves Europe vulnerable.

The conflict in the Persian Gulf has sparked a significant re-evaluation of global energy dependencies, sending shockwaves through commodities. As oil and liquefied natural gas markets face intense volatility following strikes on critical infrastructure, coal is emerging as a pragmatic beneficiary.

Tariff risks are underappreciated by the market; persistently high tariffs could weigh on economic growth, and investor complacency is unwarranted. Slowing population growth and deportations threaten U.S. economic expansion, especially in labor-dependent sectors, as immigration is key to workforce and consumption growth. Utility-scale renewables remain resilient despite policy headwinds, with cost competitiveness and strong demand from major tech firms supporting continued growth.

Thermal coal may retire for good in the U.S., but metallurgical coal could see “healthy” growth, says analyst.

Range ETFs expanded its lineup on Wednesday to include four energy-related ETFs. They cover the coal, natural gas, oil services, and nuclear industries.

NEW YORK , Jan. 24, 2024 /PRNewswire/ -- Exchange Traded Concepts is delighted to introduce the new lineup of Range ETFs: Range Global LNG Ecosystem Index ETF (NYSE: LNGZ), Range Nuclear Renaissance Index ETF (NYSE: NUKZ), Range Global Coal Index ETF (NYSE: COAL), and Range Global Offshore Oil Services Index ETF (NYSE: OFOS). The unifying theme of the Range ETFs is the belief that energy will be the driving force of the global markets for the next decade.