Oil ETFs Plummet on Russian Oil Cap

Oil exchange-traded funds plummeted Friday as the European Union announced a price cap on Russian oil. The ProShares Ultra Bloomberg Natural Gas (BOIL) and the United States Natural Gas Fund LP (UNG) lost 13% and 6.6%, respectively, during midday trading. Two of the largest energy-focused ETFs,…#kajakallas #isharesusoilgasexplorationpro #poland #easterneuropean #cripplingrussias #ieo #petermcnally #estonia #brentcrude #proshares
Source: Reuters: Health - Category: Consumer Health News Source Type: news