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
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Instrument type
Common stock
Sector
Industry
Country
France
MIC code
XPAR