ETFs seeking to replicate the evolution of Energy Large & Mid Cap stocks indices experienced a bad market session yesterday with notable outflows from the primary market $-118,70M as well as a negative daily performance standing at -1,44%. Global oil production is down this year particularly because of Iran and Saudi Arabia. New oilfield discoveries and spending on exploration have been significantly slowing. Also, the strike by CN Rail workers has disrupted the shipment of Canadian crude oil and commodities. In this context, investors are reducing their exposure to the segment with $-120M of cumulated flows over the last 30 days. Year-to-date, figures are even more appealing with $-1Bn of outflows alongside a negative performance poorly standing at -0,11%. 23 funds replicating 15 indices are included in the segment for a total of $3,5Bn of assets under management.