Organization of Petroleum Exporting Countries

Saudi Arabia is the kingpin in the Organization of Petroleum Exporting Countries and one of the largest economies in the Middle East, but even with those feathers in the kingdom's cap, the country is lightly represented in the world of exchange traded funds. That's starting to change....

The United States Oil Fund (NYSE: USO) plunged 5.3 percent Thursday, bringing its year-to-date decline to 14.3 percent. USO, the most heavily traded oil exchange-traded product in the U.S., is now almost 20 percent below its 52-week high, putting it dangerously close to officially being in a bear...

Among emerging markets single-country exchange traded funds, the iShares MSCI Indonesia ETF (NYSE: EIDO) and the VanEck Vectors Indonesia ETF (NYSE: IDX) can get lost in the shuffle, but Indonesian equities are solid performers this year. Taking A Trip To Indonesia EIDO and IDX, the older of the...

The caveat here is “maybe” the following exchange-traded funds could endure an oil shock, though past performance indicates it will be difficult. After all, the iShares MSCI Saudi Arabia Capped ETF (NYSE: KSA) and the iShares MSCI Qatar Capped ETF (iShares Trust (NASDAQ: QAT)) are two...

Kashagan, a vast oil field in the Caspian Sea, sent its first crude for export after about 16 years in development, according to a press release from the project operator North Caspian. North Caspian Operating Company has commenced production from the Kashagan Phase 1 offshore project and said work...

The Global X MSCI Nigeria ETF (Global X Funds (NYSE: NGE)) has lost nearly a third of its value over the past year thanks in large part to the country's status as Africa's largest oil producer and a member of the Organization of Petroleum Exporting Countries (OPEC). Nigeria As An Oil...

Brent crude oil dropped on Wednesday after both the US government and the Organization of Petroleum Exporting Countries cut their global oil demand forecasts. The commodity traded at $102.51 at 7:32 GMT on Wednesday morning. According to Reuters, the US Energy Information Agency cut its demand...