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The United States Oil Fund was founded on April 10, 2006, by Victoria Bay Asset Management, now known as United States Commodity Funds, and the American Stock Exchange. The fund opened on its first day of trading at $68.25 per share.
VanEck Oil Services ETF (OIH) This ETF tracks an index of U.S.-listed companies focused on providing oil services to explorers and producers, including oil equipment, services and drilling. 5-year ...
Government Pension Fund of Norway. 1,555. Oil & Gas. Saudi Arabia [25] [26] Public Investment Fund / National Development Fund. 1,345. Oil & Gas. Kuwait [27] Kuwait Investment Authority / Gulf Investment Corporation / Wafra International Investment Company.
How are oil stocks doing today? To get a sense of how oil stocks are performing on any given day, watch funds like the United States Oil Fund, which invests in oil futures contracts. Alternatively ...
The Government Pension Fund of Norway (Norwegian: Statens pensjonsfond) is composed of two entirely separate sovereign wealth funds owned by the government of Norway.. The Government Pension Fund Global (Statens pensjonsfond utland), also known as the Oil Fund (Oljefondet), was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector.
The United States Oil Fund’s investment objective is for its daily percentage change in its shares’ NAV to reflect the daily changes in the spot price of light sweet crude oil delivered to ...
The United States Oil Fund (NYSE: USO ), one of the most heavily traded commodities exchange traded funds in the U.S., is having an eventful 2018. After a surge that began in February and ...
History. United States Commodity Funds LLC is an issuer of exchange traded commodity products (ETPs). It was founded in 2005 in Alameda, CA. The first fund it launched, in 2006, was United States Oil Fund, LP. USO was the first commodity ETF based on crude oil launched in the United States. USO was the fourth commodity ETP launched in the ...