Crude ETFs Dip on Decline In OPEC Export Revenues
January 18, 2021 at 11:30 AM EST
After consolidating for the last few days near recent highs, crude oil and crude ETFs tumbled toward $50 a barrel amid news that OPEC’s crude oil export revenues for 2020 could fall to $323 billion. The news that the cartel’s revenues could decline came from the U.S. Energy Information...