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Commodities Briefing - Categorized | ETFs / ETCs, Market Pulse more

Decline in oil markets wallops ETFs that bet on energy prices and stocks

Posted on 11 December 2008

From WSJ: Exchange-traded funds that let investors bet on energy prices and stocks are among the most popular offerings, judging by their considerable trading activity, but some of these ETFs have been slammed by the steep declines in crude-oil prices.

“There simply is very little buying coming into the markets,” said MF Global analyst Edward Meir. “With respect to crude, it is anyone’s guess where we go from here.”…. Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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