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Energy ETFs surge on higher commodity prices

Posted on 22 April 2014

The energy sector has been trading sharply higher, as rising oil and natural gas prices create a sturdy tailwind for many of these integrated service and exploration companies.
After a frightening dip in January, that tested the 200-day moving average, the Energy Select Sector SPDR (XLE) has rocketed to new all-time highs. In fact, XLE has now gained over four percent in the month of April and more than 13 percent since its February low………………………………………..Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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