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Oil Prices Breach $100; 00642U Hits Record High as Investors Flock to Inverse ETF 00673R
Energy Minerals · Oil & Gas Production · cnyes · 2026-09-12
00642U, 00673R
Geopolitical tensions between the US and Iran have pushed oil prices above $100, driving record gains for 00642U and triggering a surge in 00673R demand.
What Happened
Surging Oil Prices: Escalating tensions between the US and Iran have sparked supply concerns, pushing international crude oil prices above the $100 per barrel mark. This geopolitical uncertainty remains the primary driver behind the current upward momentum in energy markets.
ETF Market Performance: The Yuanta S&P Oil ETF (00642U) reached a new record high of 33.49, reflecting strong year-to-date returns. Meanwhile, investors seeking to hedge against a potential price correction have flooded into the inverse Yuanta S&P Crude Oil ETF (00673R), nearing its issuance limit.
Capital Inflow Trends: Data shows that within just five trading days following the September escalation, 00673R saw net subscriptions exceeding 3.35 billion TWD. Analysts suggest this highlights a significant appetite for short-term hedging and speculative trading amidst high volatility.
Investment Risk Advisory: Financial experts warn that futures-based and inverse ETFs are primarily designed for short-term trading. Investors are advised to monitor premiums and discounts closely and remain cautious of the high volatility associated with geopolitical events.