Crude ETFs Dip Despite a Predicted Demand Increase
February 11, 2021 at 16:07 PM EST
After rapidly approaching the $60 per barrel level, crude oil is pulling back on Thursday, even as data suggests that global oil stocks are predicted to quickly draw down in the second half of this year as demand climbs. Crude oil futures are down 0.6% to $58.32 per barrel, while stock ETFs and...