3 Inverse Oil ETFs Gaining On Lowering Oil Prices

By: ETFdb
After rallying to over $62 a barrel 10 days ago, WTI crude oil prices slumped even more mid-week as Saudi Arabia claimed it is ahead of schedule to make the required repairs to the Abqaiq facility. The easing of concerns surrounding the world’s largest oil supply outage allowed traders to shift their sights back to the deteriorating economy, driving oil prices lower.
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