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Occidental/Anadarko Bid: No Support for Oil & Gas ETFs

By: ETFdb
Occidental Petroleum Corp. ( OXY ) upped the ante on Anadarko Petroleum Corp. ( APC ), triggering a potential bidding war for a key shale driller in the Permian Basin after the Chevron Corp. ( CVX ) offer, but it wasn’t enough to lift oil and gas exploration sector-related exchange traded funds.
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