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Crude Oil ETFs Crater Amid Demand Recession Concerns

By: ETF Trends
Crude oil and crude ETFs are cratering on Friday, as investors fear that a looming recession and hawkish rate increases will hurt commodities growth. After nearly reaching its March high of close to $124 per barrel, U.S. benchmark WTI crude oil is cratering on Friday, having fallen over $9 in just...
Related Stocks:
Ipath Pure Beta Crude Oil ETN Ultra Bloomberg Crude Oil 2X ETF United States 12 Month Oil Fund United States Oil Fund
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