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A Refiners ETF Could Outperform in Low Crude Oil Environment

Van Eck Global’s Market Vectors exchange traded fund arm has launched the first sector-specific ETF exposed to global oil refiners. According to a press release, the Market Vectors Oil Refiners ETF (NYSEArca: CRAK) began trading Wednesday. The new ETF has a 0.59% net expense ratio. CRAK tries...
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