Energy ETFs performed well
Brent Crude hit $64.3 a barrel
Highest level since July 2015
After several years of extraordinary central bank intervention intended to provide monetary stimulus to ailing global economies, we are finally transitioning from quantitative easing (QE) to quantitative exit.
Overproduction concerns
Brent crude fell to $48
Inflows into crude oil ETPs
Brent Crude fell 0.8% to $53.51 a barrel