Oil prices surge, this index has a high "oil" content

Recently, the situation in the Middle East has changed rapidly, and the market's view on oil prices has shifted to the expectation that high oil prices will persist. Polymarket data shows that the probability of the Strait of Hormuz returning to normal by the end of April is only 22%. Different oil and gas indices have varying exposure directions along the industry chain, with the midstream and upstream resource segments benefiting more directly from high oil prices. The National Index of Oil and Gas shows a similar trend to Brent crude oil futures prices, indicating sensitivity to oil price fluctuations. High oil prices are more favorable for the midstream and upstream segments, as their profit improvements are more direct