This exchange-traded note provides exposure to crude oil futures contracts through a rules-based index, offering investors a way to track commodity prices without direct futures market participation. Its pure beta approach aims to minimize the impact of contango and backwardation, making it a tool for those seeking oil price exposure with reduced roll yield drag.
2 members of Congress have disclosed 5 trades in iPath Pure Beta Crude Oil ETN (OIL), a Energy company. The buy/sell breakdown shows 1 purchase versus 4 sales, indicating net selling pressure from lawmakers. All data is sourced from STOCK Act periodic transaction reports filed with Congress.
| Date | Politician | Type | Amount |
|---|---|---|---|
| 2016-05-26 | Richard L. Hanna | sell | $100K – $250K |
| 2016-05-26 | Richard L. Hanna | sell | $50K – $100K |
| 2015-12-09 | Richard L. Hanna | buy | $100K – $250K |
| 2011-02-05 | JOHN CAMPBELL | sell | $1K – $15K |
| 2011-02-05 | JOHN CAMPBELL | sell | $1K – $15K |