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Crude Oil Prices and VGENX Vanguard Energy
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Topic: Crude Oil Prices and VGENX Vanguard Energy (Read 1391 times)
rothnroll
5 O'Clock Shadow
Posts: 98
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!
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Last Edit: August 01, 2016, 04:36:58 PM by rothnroll
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Crude Oil Prices and VGENX Vanguard Energy