Gustav Gives Relief to Oil and ETFs | RenewableEnergyWorld.com

Gustav Gives Relief to Oil and ETFs

By: ETF Trends

Posted on September 02, 2008 at 13:07 PM EDT

Hurricane Gustav spared oil facilities in the Gulf Coast this weekend, easing investor concerns, sending oil prices lower and exchange traded funds (ETFs) higher. Crude oil fell to $108.77 a barrel in mid-day trading today, reports Tim Pardis of the Associated Press. ETFs leveraging oil have been top performers in trading today. Transportation has been reacting positively [...]

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