Energy Stocks Increase Despite Declining Oil Prices
August 17, 2022 at 16:39 PM EDT
While oil prices have declined in recent weeks, energy stocks and ETFs have remained resilient, posting double-digit gains. WTI oil prices fell 13.0% – from $99.50 to $86.53 – between July 5 and August 16. Meanwhile, during the same period, the total return of the Alerian MLP Infrastructure Index (AMZI) was +18.5% and that of [...] The post Energy Stocks Increase Despite Declining Oil Prices appeared first on ETF Trends .
