Thursday, May 4, 2017

Don’t Fret Over Crude Oil’s Slide - Barron's

Don't Fret Over Crude Oil's Slide - Barron's

Search Have feedback on the new design? Reach out to online.editors@barrons.com This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. http://www.barrons.com/articles/dont-fret-about-crude-oils-slide-1493747294 Don't Fret Over Crude Oil's Slide The price of crude keeps slipping, but some analysts are maintaining a positive outlook.  By Text Size Regular Medium Large West Texas crude has declined 1.4% so far today to around $48.33. Though, energy stocks are roughly flat. The iPath S&P GSCI Crude Oil ETN ( OIL ) has fallen 1.15%. Meanwhile the Energy Select Sector SPDR ETF ( XLE ) has done nothing. Operating oil and gas well in active oilfield in Europe Illustration: Getty Images/iStockphoto Oil giants seem to be bracing for tough times.

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