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…
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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.