Author Topic: Crude Oil Prices and VGENX Vanguard Energy  (Read 653 times)

rothnroll

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Crude Oil Prices and VGENX Vanguard Energy
« on: August 01, 2016, 04:33:20 PM »
Crude oil is back below $40
http://finance.yahoo.com/news/crude-oil-tumbling-again-worst-145343123.html
It was 50 dollars in June
And dropped 22% in July.
Wouldn't this cause the price of Vanguard Energy VGENX to decrease/plummet?
Which it hasn't.
Can anyone explain that to me in childlike terms?

Thanks!
« Last Edit: August 01, 2016, 04:36:58 PM by rothnroll »