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Brent oil - More on biggest US oil ETF to focus majority of its holding to spot month

Brent oil - More on biggest US oil ETF to focus majority of its holding to spot month
I posted on this earlier here:Brent oil news - Biggest US Oil ETF to shift holdings to front of curve starting SeptemberBloomberg have more on this, link is here (gated):USO to shift holdings to front of curve starting in SeptemberIn brief:The biggest US oil ETF is reviving the pre-pandemic investment strategyUnited States Oil Fund will, in September, begin reallocating the majority of its holdings to the nearest oil futures contract, rather than spread exposure across the futures curveThe fund’... Read More
Posted: Aug 28 2023, 02:57
Author Name: forexlive
Views: 102518

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