iPath® S&P GSCI® Crude Oil TR ETN
April WTI crude oil futures contracts rose 0.6% and settled at $63.91 per barrel on February 26, 2018.
ETF Securities Summary Changes in the global oil supply dynamic may likely continue to weigh on the drivers for oil and energy prices. The traditional negative relationship between the US Dollar and oil prices has broken down and is currently positive. Roll and collateral yields may see further prominence. The expected global economic backdrop remains […]
The production mix for Concho Resources’s (CXO) 2Q16 production was 62% oil and 38% natural gas.
In the week ending September 18, while USO fell by 0.2%, OIL rose 1.68%, and WTI prices rose 0.1%. OIL and USO mirrored WTI prices, but OIL outperformed.
Futures contracts are the most direct method of investing in oil and natural gas price movements, but may not be appropriate for individual investors.