Three Country ETFs That Could Benefit From Triple-Digit Oil

For the past several weeks developments in the Middle East have dominated not only the headlines but controlled the attention of investors as well. Starting with Tunisia and Egypt, numerous countries have staged democratic movements with varying degrees of success and violence. Though Egyptians forced long-time president Hosni Mubarak to relinquish his position and flee the country in a relatively peaceful coup, other conflicts have lasted for weeks and show no signs of coming to a peaceful conclusion. The protests have ensued for well over a month now, and have put global markets in a choke-hold as investors worry about both the direct economic impact and the repercussions of volatile and elevated oil prices [see also Middle East ETFs Under Pressure As Protests Intensify]. The matter at hand is of a major concern to the oil industry. The Middle East holds the vast majority of the world’s oil reserves, and [...] Click here to read the original article on ETFdb.com. Related Posts: Free ETF Trading: Comparing All The Options TD Ameritrade To Offer Commission-Free ETF Trading Direxion Files For Non-Leveraged ETFs This Week in ETFs: April 16th Edition Where Insider Trading & ETFs Meet