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ETN - Standard Bank Oil  –  SBOIL  
     
Prices at least 15 minutes delayed. Source: JSE Ltd.
 
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JSE Overall 94 710 -0.22%
 
10 Day Trading Range
0 2,403
Peer Comparison
AMC017 (AMC017)1,204.27 (0.37%)
UBSOMWPA (UOMWPA)227.26 (0.39%)
AMCUNPWGP (UNPWGP)111.07 (-0.44%)
FNBGSE (FNBGSE)217.61 (-0.17%)
UBSABSPA (UABSPA)206.00 (0.06%)
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SBOIL  Latest Market Data
Close Wed 21 Jul1,187   P/E Ratio
Open Wed 21 Jul1,187   EPS - TTM
Best Bid   DPS - TTM Dividend n/a
Best Offer   Dividend Yield
Volume Wed 21 Jul   Market Cap 593.50m
Range Wed 21 Jul1,187–1,187   Shares In Issue 50.00m
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Objective
Oil ETN is linked to the price of Brent Crude Oil price (which is more relevant in South Africa), instead of being linked to the West-Texas Intermediate (WTI) Crude Oil price. The Brent Oil future is only cash settled, whereas the WTI future has physical settlement this means that the risk of the price going negative (like it did in March 2020) is removed.
 
 
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