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Actionable news in ETP: ENERGY TRANSFER PARTNERS L.P.,

Energy Transfer Partners (ETP) Stock is the 'Chart of the Day'

NEW YORK (TheStreet) -- Energy Transfer Partners (ETP - Get Report) shares are under pressure, down by 3.10% to $34.33 in early afternoon trading on Monday, from falling oil prices after a Reuters survey showed an increase in crude output by the Organization of the Petroleum Exporting Countries (OPEC).

In April, crude output by OPEC rose to 32.65 million barrels a day, close to the highest level in recent history, Reuters noted.

This reinforced concerns about the global supply glut despite oil prices seeing gains in the past three months.

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