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OD7F

8.70650 EUR
0.3863
4.64%
Last update Jun 13, 5:26 PM CEST
Market closed
Day range
8.70650
8.84200
Previous close
8.32020
Open
8.71000
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ETFS WTI Crude Oil
8.71
0.39
4.64%

Overview

Description

ETFS WTI Crude Oil is an exchange-traded fund (ETF) focused on providing exposure to the performance of West Texas Intermediate (WTI) crude oil. The primary purpose of this ETF is to track the price movement of WTI crude, one of the world’s most actively traded commodities. Investors use this ETF to gain direct exposure to oil price fluctuations without the complexities of trading in the futures market. Crude oil plays a critical role in various sectors, including transportation, manufacturing, and energy production, making this asset pivotal in influencing global economic dynamics. The ETF is often used by both institutional and individual investors as a hedge against inflation and currency fluctuations, as well as to diversify investment portfolios. It is particularly significant in the context of energy market analysis and investment strategies, as changes in oil prices can impact numerous industries and economies worldwide. ETFS WTI Crude Oil offers a more accessible platform for investors to participate in the energy market, reflecting the underlying supply and demand factors driving crude oil prices.

About

CEO
Employees
0
Address
Phone
+44 20 7355 9810
Website
Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XMUN
Market closed

Exchange is currently closed (non-working day)
Main market opens in 1 day 15 hours 15 minutes

16:44
00:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).