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XOIL Tries To Be Spot-On Spot

Global X launched a new equity ETF on Tuesday (3/15/11) that attempts to achieve high correlation to crude oil spot prices.  Global X Oil Equities ETF (XOIL) provides exposure to pure-play oil companies with significant oil reserves that are typically not involved in other industries such as natural gas or downstream operations. The underlying Solactive . . . → Read More: XOIL Tries To Be Spot-On Spot
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