28.03.2014 - Investors pile into energy ETFs
Investors are pouring money into energy companies, putting seven times as much into exchange-traded funds as they did last quarter. They are betting oil and gas get more expensive and fatten profits of producers from Devon Energy Corp. in Oklahoma to Pakistanís Oil & Gas Development Co. Those are two of the stocks held in the $39 billion U.S. market of energy-sector ETFs, which took in $2 billion in new money since Dec. 31....................................Full Article: Source
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