When the West Texas West intermediate (WTI) crude oil future, a benchmark for US crude oil prices, moved into negative territory in mid April, that impacted other products too. One exchange-traded product provider closed its leveraged funds after heavy losses. Deborah Fuhr and Dan Barnes of ETF TV discuss the possible risks that investors in ETPs and ETFs may face as an outcome of the negative oil price, its underlying causes and possible outcomes.
Published on April 27, 2020