Energy Stocks Increase Despite Declining Oil Prices

While oil prices have declined in recent weeks, energy stocks and ETFs have remained resilient, posting double-digit gains. WTI oil prices fell 13.0% – from $99.50 to $86.53 – between July 5 and August 16. Meanwhile, during the same period, the total return of the Alerian MLP Infrastructure Index (AMZI) was +18.5% and that of [...] The post Energy Stocks Increase Despite Declining Oil Prices appeared first on ETF Trends .
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