Crude Oil ETFs (USO, OIL) Surge Following OPEC Decision
March 17, 2010 at 09:44 AM EDT
The Organization of Petroleum Exporting Countries (OPEC) has seen its influence over the global energy market wane in recent years, as a prolonged economic downturn caused demand for oil to plummet, limiting the effectiveness of the group’s once eagerly-anticipated supply decisions. But with a seemingly stable recovery underway and many emerging markets demonstrating an insatiable [...] Related Stories: OPEC Decision Could Boost Crude Oil ETFs Oil Usage To Increase: Crude Oil ETFs In Focus New Short Crude Oil ETF Offers Unique Exposure
