Traditional energy commodities, including crude oil, gasoline, heating oil, natural gas, and ethanol, were the worst commodity asset class sector in 2022, falling nearly 22. In a January 12, 2024, Barchart article on the poor performance, I wrote:
Time will tell if the commodity asset class’s energy sector moves from laggard in 2023 to leader in 2024. Prices have dropped to attractive levels, with room for upside recoveries over the coming months.
