Sentences with phrase «sweet crude oil»
The investment objective of USO is for the daily changes in percentage terms of its shares» NAV to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in price of USO's Benchmark Oil Futures Contract, less USO's expenses.
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United States Oil Fund (USO), for instance, tries to track the spot price of light, sweet crude oil by buying oil - futures contracts.
With oil back up at USD 50 (as quoted by the NYMEX light sweet crude oil futures), the energy sector (15 %) of the S&P U.S. Issued High Yield Corporate Bond Index returned 5.73 % in February.
The reality of reaching peak global production of cheap, conventional light, sweet crude oil supplies will continue to force strong upper pressure on the cost of crude oil, gasoline, diesel and airplane liquid fuels.
Bakken's light, sweet crude oil replaces imports, fuels our vehicles, powers our economy, and provides raw materials for many essential products.
The price of a barrel of West Texas Intermediate (WTI), a benchmark for so - called light sweet crude oil, tumbled from its June high of $ 108 to a low in January of $ 44.
It is WTI light, sweet crude oil delivered to Cushing, Oklahoma.
The ETF tracks the spot price of West Texas Intermediate (WTI) light, sweet crude oil.
The violence in Libya for instance, directly threatened the energy security of the members of the Alliance due to the interruption of supply of European refineries with light sweet crude oil and the supply of natural gas to pipelines to Italy.
For example, if the underlying asset is light sweet crude oil, the quantity is 1,000 barrels, the delivery location is the Henry Hub in Erath, Louisiana and the delivery date is December 2017.
The investment seeks to reflect the performance, less expenses, of the spot price of West Texas Intermediate (WTI) light, sweet crude oil.
The United States Oil Fund ® LP (USO) is an exchange - traded security designed to track the daily price movements of West Texas Intermediate («WTI») light, sweet crude oil.