The crude oil LOF fund has surged in popularity, with its net asset value rising by as much as 86% this year; recent premium risks have somewhat eased.

① Since April alone, LOF funds linked to crude oil have issued more than 100 premium risk warning announcements, making it an almost daily occurrence. ② Geopolitical developments in the Strait of Hormuz remain the key variable shaping global crude oil supply expectations, with ongoing tensions continuing to provide upward momentum to oil prices.

cls.cnMay 20 18:44

Express News | International oil prices declined on the 19th.

As of the close of trading that day, the price of light sweet crude oil futures for June delivery on the New York Mercantile Exchange fell by 89 cents to settle at $107.77 per barrel, a decrease of 0.82%. Meanwhile, Brent crude oil futures for July delivery on the London ICE Futures Exchange dropped by 82 cents to settle at $111.28 per barrel, down 0.73%.

BreakingsMay 20 03:31

Express News | International oil prices fell on the 13th.

By the close of trading, the price of light sweet crude oil futures for June delivery on the New York Mercantile Exchange had fallen by $1.16, closing at $101.02 per barrel, representing a decline of 1.14%; the price of Brent crude oil futures for July delivery on the London market had dropped by $2.14, settling at $105.63 per barrel, reflecting a decrease of 1.99%.

BreakingsMay 14 04:35

Express News | International oil prices rose significantly on the 12th.

By the close of trading that day, the price of light crude oil futures for June delivery on the New York Mercantile Exchange increased by $4.11, closing at $102.18 per barrel, representing a gain of 4.19%. Meanwhile, the price of London Brent crude oil futures for July delivery rose by $3.56, settling at $107.77 per barrel, with an increase of 3.42%.

BreakingsMay 13 04:42

Express News | International oil prices fell on the 7th.

By the end of the trading day, the price of light sweet crude oil futures for June delivery on the New York Mercantile Exchange fell by 27 cents, closing at $94.81 per barrel, representing a decline of 0.28%. The price of Brent crude oil futures for July delivery on the London market dropped by $1.21, settling at $100.06 per barrel, reflecting a decrease of 1.19%.

BreakingsMay 8 04:14

Express News | International oil prices fell sharply on the 6th.

By the end of the trading day, the price of light sweet crude oil futures for June delivery on the New York Mercantile Exchange had dropped by $7.19, closing at $95.08 per barrel, representing a decline of 7.03%. The price of Brent crude oil futures for July delivery on the London market fell by $8.60, settling at $101.27 per barrel, marking a decrease of 7.83%.

BreakingsMay 7 05:12