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Three Forgotten ETFs To Play Oil

By: ETFdb
Oil has not been the talk of markets since pre-recessionary time when sky high prices, above $140 per barrel to be exact, were acting as an anchor on various aspects of our economy. That period in time saw numerous businesses struggle with soaring crude prices, a good example being U.S. airline Skybus, who was forced to go out of business due to profits being severely pinched by jumps in crude. Then tragedy struck as markets took a nose dive, bringing oil prices back down to earth, where they remained, until recently. Since early 2011, when revolutions and crises broke out in various countries all across the Middle East, oil has enjoyed strong gains. Investors watched crude jump above the important $100 per barrel mark, and continue to nearly $120. While oil spikes has negative ramifications for consumers and businesses alike, investors are scrambling to find the right picks to benefit [...] Click here to read the original article on ETFdb.com. Related Posts: Five ETFs To Hedge Against Skyrocketing Gas Prices April ETF Data: Assets Set Record, EEM Strikes Back IndexIQ Debuts Global Oil Small Cap ETF (IOIL) Don’t Fight The Curve: Five Commodity ETFs in Backwardation Global X Debuts Pure Gold Miners ETF (GGGG), Oil ETF (XOIL)
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