Tag: OPEC

OPEC Oil Prices Hit Energy ETFs

| December 9, 2015 | 0 Comments
OPEC Oil Prices Hit Energy ETFs

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 […]

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