A Six Month Trade for 40%
Jun 12th, 2008 | By Ian Davis | Category: Oil Investment & Alternative EnergyI’ve been bearish on oil refiners for nine months…
I’ve been bearish on oil refiners for nine months…
Of the hundreds of ETFs on the market, one of the most useful to track is the PowerShares Building & Construction Portfolio (PKB).
Stockpile declines catch analysts flat-footed. In the energy market Wednesday, crude for May delivery skyrocketed to a new alltime high, closing at $110.87/barrel, up $2.37 after hitting an intraday high of $112.21. May reformulated gasoline rose 2.38 cents, to $2.7742/gallon.