Advertisement
Canada markets open in 2 hours 26 minutes
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7309
    +0.0011 (+0.15%)
     
  • CRUDE OIL

    82.92
    +0.11 (+0.13%)
     
  • Bitcoin CAD

    86,851.25
    -4,030.28 (-4.43%)
     
  • CMC Crypto 200

    1,352.58
    -29.99 (-2.17%)
     
  • GOLD FUTURES

    2,340.20
    +1.80 (+0.08%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ futures

    17,491.50
    -173.00 (-0.98%)
     
  • VOLATILITY

    16.18
    +0.21 (+1.32%)
     
  • FTSE

    8,092.28
    +51.90 (+0.65%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6814
    -0.0005 (-0.07%)
     

Why crude investors are fleeing oil ETFs

Bloomberg says that the US Oil ETF is reporting the biggest outlfow since March, just under $300 million. That raises questions about whether prices can still punch above $50 a barrel.