Occidental’s Anadarko Bid Wasn’t Enough to Support Oil & Gas ETFs
This article was originally published on ETFTrends.com.
Occidental Petroleum Corp. (NYSE: OXY) upped the ante on Anadarko Petroleum Corp. (NYSE: APC), triggering a potential bidding war for a key shale driller in the Permian Basin after the Chevron Corp. (NYSE: CVX) offer, but it wasn’t enough to lift oil and gas exploration sector-related exchange traded funds. On Wednesday, the VanEck Vectors Unconventional [...]