Shipping ETF: Demand for Supertankers Casts Shadow Over Oil
May 29, 2015 at 10:30 AM EDT
As crude production ramps up, demand for supertankers has surged, dampening the outlook for oil prices but potentially signalling strength in the shipping industry-related exchange traded fund. The Guggenheim Global Shipping ETF (NYSEArca: SEA), which tries to reflect the performance of the Dow...