peloswing
I give you the best performing non-leveraged $ETF of the past year: $BWET. +5816% in the past 1Y. +4556% YTD 🛢️
$BWET has absolutely shredded since the closure of the Strait. It tracks crude oil tanker freight rates, which have surged..
Oil transportation costs have skyrocketed from roughly $3 per barrel to more than $14 as tankers are forced to reroute around one of the world’s most critical oil chokepoints.
You guys think this is going to $1000+ or about to correct?
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