Petroleum ETF EasyFunder turns positive and rises, with the latest single-day net inflow of nearly 11 million yuan, as international oil prices experience another significant fluctuation.

As of the midday close on March 24, 2026, the Guozheng Oil and Natural Gas Index (399439) increased by 0.17%, the Oil ETF from E Fund (159181) rose by 0.41%, with a turnover rate of 11.89%, and a transaction volume of 25.6149 million yuan, indicating active market trading.

As of March 23, the latest size and latest shares of the Oil ETF from E Fund (159181) both reached new highs since its inception. The latest net fund inflow into the Oil ETF from E Fund (159181) was 10.8443 million yuan.

In terms of news, the TACO effect triggered by Trump is being intensely played out in the international oil market, becoming the core driver of the sharp fluctuations in oil prices. Previously, Trump issued a 48-hour ultimatum to Iran and sent strong signals of a crackdown, combined with concerns over shipping in the Strait of Hormuz, which drove Brent crude oil prices up to $113 per barrel and West Texas Intermediate (WTI) crude to over $98 per barrel, reflecting market expectations of Middle Eastern supply shortages. However, his sudden statement that U.S.-Iran dialogue had been effective and the suspension of attacks on Iranian energy facilities for five days led to a rapid policy shift that directly triggered a flash crash in oil prices, with Brent and WTI crude both falling more than 10% in a single day, WTI dropping to a low of $84.37 per barrel, and Brent briefly falling below $100.

Recently, geopolitical conflicts in the Middle East have continued to escalate, with the daily ship traffic in the Strait of Hormuz plummeting by 95%, and the passage of crude oil tankers nearly coming to a halt. Core crude oil production capacity, refining facilities, and LNG terminals in the region have been attacked or forced offline, posing a severe challenge to the global energy supply chain. Guangfa Securities pointed out that upstream supply “shock” is transmitting downstream, exerting significant pressure on the Asian refining industry that heavily depends on Middle Eastern resources. High energy prices may trigger increased demand for alternative energies such as coal, providing a temporary catalyst for rebalancing the energy structure.

The Oil ETF from E Fund (159181) closely tracks the Guozheng Oil and Natural Gas Index, which selects securities of A-share listed companies involved in oil and gas exploration and development, oil and gas equipment and services, gas transmission and sales, and other related fields, to reflect the overall performance of oil and gas industry-listed companies on the Shanghai and Shenzhen Stock Exchanges.

The Guozheng Oil and Natural Gas Index covers the entire oil and gas industry chain, with a high weight of the three major oil companies, offering both high dividends and resilience. Meanwhile, the index is at a low valuation level, with strong anti-drawdown capability, providing a safety margin and medium- to long-term beta opportunities among high-valuation A-shares.

Whether optimistic about the upward cycle of oil prices or seeking high-dividend defensive assets, the Oil ETF from E Fund (159181) is a high-quality tool for investors to allocate towards energy security and high dividend yields.