28.04.2016 - Oil ETFs Are Battling Bearish Energy Earnings
Oil sector exchange traded funds are facing some hurdles as major energy producers ready their first quarter results. With overwhelmingly weak expectations after crude prices plunged to near 13-year lows in February, the sector ETFs could surprise if oil producers reveal conditions weren't as bad as previously expected. Energy traders will be watching for the ConocoPhillips' (COP) first quarter earnings announcement on Thursday, April 28, followed by Exxon Mobil (XOM) and Chevron (CVX) on Friday, April 29...............................................Full Article: Source
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