Previous Close | 29.61 |
Open | 30.16 |
Bid | 0.00 x 800 |
Ask | 0.00 x 1000 |
Day's Range | 29.37 - 30.58 |
52 Week Range | 17.89 - 32.42 |
Volume | |
Avg. Volume | 1,649,610 |
Net Assets | 91.72M |
NAV | 5.71 |
PE Ratio (TTM) | N/A |
Yield | 0.00% |
YTD Daily Total Return | -50.95% |
Beta (5Y Monthly) | 4.23 |
Expense Ratio (net) | 0.95% |
Inception Date | 2008-11-24 |
New York-traded West Texas Intermediate, or WTI, crude was up 85 cents, or 1.2%, to $70.52 per barrel by 13:02 ET (17:02 GMT). With the latest rise, the U.S. crude benchmark has gained more than 5% since the start of the week, returning to the key $70 perch and overwriting about half of last week’s near 10% plunge that accounted for oil’s worst week since the height of the coronavirus pandemic in April 2020. London-traded Brent crude was up 95 cents, or 1.3%, to $76.27 per barrel, adding to the about 3% gain over the past two sessions.
U.S. crude stockpiles rose for a second week in a row but that rise paled against large drawdowns in gasoline and distillates inventories, weekly government data released on Wednesday showed. Crude balances in storage rose by 1.117 million barrels during the week ended March 17, the U.S. Energy Information Information, or EIA, said in its Weekly Petroleum Status Report. On the gasoline inventory front, the EIA cited a drawdown of 6.399M barrels versus an expected drop of just 1.677M barrels over the 2.061M barrel decline in the previous week.