Crude oil futures are continuing to slide today, much to the relief of summer vacationers looking forward to a Fourth of July weekend road trip.
Oil is trading at about $90 a barrel Monday, as investors wait to see whether Greek debt reduction measures will be approved late in the week, and the dollar index is mainly flat.
The DB Oil Fund (AMEX:DBO) is trading down about .7% Monday.
The iShares Dow Jones U.S. Energy Sector Index Fund (AMEX:IYE) is trading up just a penny.
The top stock in the portfolio, Exxon Mobil (NYSE:XOM), is trading up .8%, while #2 holding, Chevron (NYSE:CVX), trades up about 1%.
Third-largest holding Schlumberger (NYSE:SLB) is trading down about .5% Monday, while other top holding ConocoPhillips (NYSE:COP) trades up about .3%, and Occidental Petroleum (NYSE:OXY) trades down .1%.
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