News Formal

Battered U.S. oil ETF to diversify investment in later-dated oil contracts

  • 📰 Reuters
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The United States Oil Fund LP, the largest oil-focused exchange-traded product (ETP) in the country, is moving to spread out its investments in oil futures in response to extreme market turbulence, it said in a filing https://bit.ly/2XWrj3L%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B on Wednesday.

- The United States Oil Fund LP, the largest oil-focused exchange-traded product in the country, is moving to spread out its investments in oil futures in response to extreme market turbulence, it said in a filingFILE PHOTO: Natural gas flares are seen at an oil pump site outside of Williston, North Dakota March 11, 2013. REUTERS/Shannon Stapleton/File Photo

The move is the latest effort by USO to mitigate the blow of a historic sell-off in oil, as crude markets reel from oversupply and diminished demand stemming from the coronavirus-led slowdown in global economic activity. USO ended 10.7% lower at $2.51 on Wednesday despite front-month U.S. crude futures’ settling 19.1% higher, at $13.78 a barrel. The fund traded at a steep premium to its net asset value on Tuesday after it suspended the creation of new shares.

Exchange-traded products are a popular way for individual investors to bet on moves in crude prices, as trading commodity futures can be difficult for retail market participants.

 

コメントありがとうございます。コメントは審査後に公開されます。

death to america

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 2. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Top U.S. oil ETF plans to diversify investment in later-dated oil contractsThe United States Oil Fund LP, the largest oil-focused exchange-traded product (ETP) in the country, may begin investing in oil futures contracts expiring in several months, rather than just the front-month and second-month contract, it said in a filing https://bit.ly/2XWrj3L%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B on Wednesday. Your mom Why dont you shove your oil where the sun dont shine. Back in the ground and one other place you dirty people.
ソース: Reuters - 🏆 2. / 97 続きを読む »

What plunging crude prices mean for the market's largest oil ETFTwo ETF analysts break down the action in the United States Oil Fund (USO), which has seen outsized trading volumes in recent days. ETFEdgeCNBC What Say You? PetroDollar: Oil Brent WTI $WTIC $OIL $CL_F OOTT
ソース: CNBC - 🏆 12. / 72 続きを読む »