Crude ETFs Stumble after Oil Notches Highest Price in Years
June 17, 2021 at 14:01 PM EDT
Crude oil futures and crude ETFs are falling sharply on Thursday, after reaching their highest levels in years, as the U.S. dollar firmed up following Federal Reserve implying that it could raise interest rates as soon as 2023. Brent futures fell $1.18, or 1.6%, to $73.21 a barrel early in the...