
Various macro headwinds have embattled board markets since the beginning of the year. Supply chain shortages, geopolitical turbulence, decades-high inflation, and the Fed’s unrelenting hawkishness have not allowed the markets to catch a break.
Notwithstanding this choppiness, substantial demand and restricted supplies have been driving up the price of energy, helping companies operating in this space thrive. So, Investors have been seeking refuge in this relatively stable sector to ride out the storm.