Refiners ETF Could Get a Lift From OPEC Price Support Efforts

The Organization of Petroleum Exporting Countries (OPEC) is looking to trim oil output in a bid to support prices, a move that could lift oil-related exchange traded funds, such as the VanEck Vectors Oil Refiners ETF (NYSEArca: CRAK). CRAK tracks the MVIS Global Oil Refiners Index. That index “is a...
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