Oil prices will not change much in the second half of 2024 as concerns around demand from China and prospects of higher supply from key producers counter risks from geopolitical tensions, a Reuters poll indicated on Friday.
| Financial Services Industry | Financials Sector | - CEO | REGS Exchange | ROOILTACNOR9 ISIN |
| US Country | - Employees | - Last Dividend | 12 Sep 2019 Last Split | - IPO Date |
The Barclays WTI Crude Oil Pure Beta Total Return Index is a financial instrument designed to provide investors with exposure to West Texas Intermediate (WTI) crude oil futures contracts without the need for direct investment in the commodity market. Utilizing the Barclays Pure Beta Series 2 Methodology, the index aims to achieve a more efficient and potentially profitable investment in crude oil futures by strategically selecting contracts with varying expiration dates. This approach seeks to mitigate the risks and enhance the returns associated with the volatility of crude oil prices.
This service allows investors to gain exposure to the crude oil market through an investment in futures contracts. By not using leverage, the index aims to offer a direct correlation with market prices without the heightened risk associated with borrowed capital.
At the core of the index's strategic approach to investment in crude oil futures is the Barclays Pure Beta Series 2 Methodology. This proprietary strategy involves selecting futures contracts based on their potential to provide optimal returns. The methodology aims to roll into a variety of futures contracts with different expiration dates to diversify risk and capitalize on the market's natural contango and backwardation states.