Tag: oil prices
OPEC Oil Prices Hit Energy ETFs
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Last week, the members of Organization of Petroleum Exporting Countries (OPEC) met. They decided to continue pumping oil at a record pace and let OPEC oil prices fall as the supply glut widens. The immediate reaction to the decision had a negative impact on oil prices. The price of a barrel of WTIC crude oil […]
Best Crude Oil ETFs
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The biggest story in the second half of 2014 was the dramatic drop in oil prices. As you can see, oil prices fell more than 50% during that time. You can also see that crude oil ETFs have recently rebounded off their lows. The best crude oil ETF to own over the last year was the […]