|Day's Range||10.54 - 10.64|
|52 Week Range||9.23 - 12.45|
|PE Ratio (TTM)||-7.03|
|Expense Ratio (net)||0.32%|
Many ETFs hold derivatives. Here's how to be sure if you own a derivatives-based ETF.
The EIA estimates that Iran’s crude oil production was flat at 3.81 MMbpd in April 2017—compared to March 2017. Production rose 8.8% YoY.
The energy experts over at Deutsche Bank have issued a warning to the energy sector. While market dynamics support their call that U.S. crude oil prices will manage to climb to $58 a share by March 2018 -- albeit with lots of volatility along the way -- oil-related stocks are a different kettle of fish. Mark Roberts, head of research and strategy for alternatives, wrote in a note published today that Deutsche Bank “would feel inclined to downgrade:” energy stocks to a Neutral “if OPEC fails to surprise markets” at its meeting on Thursday.