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FUELAX

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Analysis and statistics

  • Open
    631.9643$
  • Previous Close
    631.9643$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

FUELAX.US represents the Fidelity Advisor Energy Fund Class A. It is a mutual fund offered by Fidelity Investments that primarily invests in the energy sector, focusing on companies involved in the exploration, production, and distribution of oil, gas, coal, and other energy sources, as well as related equipment and services. The fund aims to provide long-term capital appreciation by investing in both domestic and foreign energy companies. Potential investors should review the fund's prospectus for detailed information on investment objectives, strategies, risks, and expenses before investing.

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Factors

Oil Prices: Crude oil is a primary component of gasoline, so fluctuations in global oil prices significantly impact FUELAX.US.

Demand: Higher demand for gasoline, particularly during peak driving seasons, typically increases prices.

Refinery Capacity: Refinery shutdowns or reduced capacity can limit gasoline supply, leading to higher prices.

Geopolitics: Political instability or conflicts in oil-producing regions can disrupt supply and increase prices.

Taxes & Regulations: State and federal taxes on gasoline, as well as environmental regulations, affect the final price at the pump.

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