The energy trade that excites VanEck's CEO — and it's not oil

Yet, it has been anything but sideways so far this year for the oil markets. On Wednesday, WTI closed at its highest level since Oct. 8 on jitters surrounding President Trump and Iran . Meanwhile, Brent also settled higher."The core 'Old Energy' world is just a sideways world right now," VanEck CEO Jan van Eck told CNBC's "ETF Edge" on Monday.In a special statement to CNBC on Wednesday, van Eck indicated his view hasn't changed since Monday — citing a one-year time horizon for his outlook.Instead, van Eck p ...