After OPEC, What’s in Store for Energy ETFs?

Energy stocks and the corresponding ETFs got a big boost Wednesday after the Organization of Petroleum Exporting Countries (OPEC) finally agreed to reduce crude output. The cartel pledged to pare oil output by 32.5 million barrels per day. The news sent ETFs such as the Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy…Click to read more at