What does the future hold for energy investing crude oil exchange traded funds? Geopolitical expert, frequent CNBC contributor and ex-CIA analyst Helima Croft shares insights ahead of the May OPEC meeting.
On the upcoming webcast, Drill Into the Future of Oil With Wall Street’s Top Geopolitical Analyst, Helima Croft, Managing Director and Global Head of Commodity Strategy Global Research at RBC Capital Markets, and Simeon Hyman, Head of Investment Strategy at ProShares, will touch upon various factors that could affect the crude oil prices, including the Organization of Petroleum Exporting Countries and policy changes, and look to investment opportunities to potentially capitalize on the energy market.
Investors interested in the oil market can consider ProShares’ recently launched ProShares K-1 Free Crude Oil Strategy ETF (BATS: OILK). OILK is an actively managed fund that provides exposure to the West Texas Intermediate crude oil futures market. The fund will include WTI crude oil futures with the three nearest expiration dates, or the front, second and third month contracts, which may help diminish the negative effects of contango.