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OD7F

8.025700 EUR
0.0708
0.87%
Last update Aug 15, 5:26 PM CEST
Market closed
Day range
8.025700
8.050000
Previous close
8.096500
Open
8.050000
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ETFS WTI Crude Oil
8.03
0.07
0.87%

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
Main market opens in 2 days 10 hours 42 minutes

21:17
00:00
08:00
20:00
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).