Oil backed Exchange Traded Fund launches on the LSE
Posted: 28 Jul 2005, 10:38
An new Exchange Traded Fund has been listed on the LSE that tracks Brent Oil Prices. This means that you can hedge against oil price increases without having to by BP/Shell etc stock. More info at their website below, or go to the LSE website and search for the product OILB.
http://www.oil-etf.com/lse/os_news_050728.asp
http://www.oil-etf.com/lse/os_news_050728.asp