Oil ETFs: Prices Above or Below $100 a Barrel?
June 03, 2011 at 12:00 PM EDT
Oil exchange traded funds (ETFs) are digesting rising inventories, unemployment numbers and watching developments in the Middle East, pushing the price of oil above and then below $100 a barrel. After dipping below $100 a barrel on a report revealing an increase in oil and petrol stockpiles, oil...