Energy Sector ETFs Plunge as Trade Tensions, U.S. Inventories Deal a Double Whammy

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Energy sector exchange traded funds were among the worst performers Thursday as heightened trade risks concerns fueled bets of diminished oil demand from a global economic slowdown and updated data revealed rising U.S. crude inventory levels. Among the hardest hit ETFs, the Invesco S&P SmallCap Energy ETF (NasdaqGM: PSCE) and SPDR Oil & Gas Equipment [...]

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