| From Etftrends.com: The focus has shifted from Egypt and now to Bahrain, and of course, Libya, which is changing the outlook for crude oil investors. You and millions of others might be wondering what Libya has to do with oil exchange traded funds (ETFs).
David Fessler for Investment U reports that Libya produces about 1.7 million barrels of oil per day, which accounts for about 2% of the world’s daily output, making Libya the world’s twelfth-largest oil supplier..............................................Full Article: Source
|