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The beleaguered exchange-traded US Oil Fund -...>

OIL
OIL: The beleaguered exchange-traded US Oil Fund - subject of many headlines as
May and June WTI contracts collapsed in recent weeks - is reallocating its
holdings significantly, according to its website.
- Whereas it used to primarily focus on the near-month contracts and roll over
(which presented serious problems to themselves and the market as the
front-month contract went negative amid an oil glut), it is spreading out
purchases across the curve:
- Jul WTI - 15% (30% previously)
- Aug / Sep / Oct WTI - each 15%
- Nov WTI - 5%
- Dec WTI - 25% (15% previously)
- Jun'21 WTI - 10% 
- The fund said Thursday it also intends to transact in non-WTI crude, including
Brent, gasoline futures, etc.

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