| Oil ETFs dumped again today as the United States Oil Fund ETF dropped 2.83% and the oil spot price dropped 2.90% to close at $86.57 per barrel. Energy ETFs followed along the same path, as the Energy Select Sector SPDR ETF dropped 2.33% as well. Natural gas ETFs were the only winners today in the energy sector after the United States Natural Gas Fund gained 2.03%.
Today was a big loss for equity markets and oil ETFs and energy prices as well, as oil ETFs and energy ETFs typically rise and fall with stock market and economic growth and contraction...............................................Full Article: Source
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