U.S. Oil Fund to exit June futures, buys contracts expiring late 2020, 2021
The United States Oil Fund LP
will exit its position in the front-month June crude oil futures
contract and may need to hold more cash to satisfy potential
margin requirements, the largest oil-focused U.S.
exchange-traded product (ETP) said on Monday.
will exit its position in the front-month June crude oil futures
contract and may need to hold more cash to satisfy potential
margin requirements, the largest oil-focused U.S.
exchange-traded product (ETP) said on Monday.
Posted by Reuters
