High Oil Prices Continue to Bolster This Russian ETF
June 21, 2021 at 11:13 AM EDT
Russian equities tend to soar when oil prices do the same, and that scenario is repeating itself in 2021. With Brent crude, the global benchmark, shooting higher, the VanEck Vectors Russia ETF (RSX) is up nearly 20%. Russia isn’t a member of the Organization of Petroleum Countries (OPEC), but...