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ETN - Standard Bank Oil  –  SBOIL  
     
Prices at least 15 minutes delayed. Source: JSE Ltd.
 
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1D 2D 3M 1Y 3Y 5Y 10Y
JSE Overall 109 244 -0.39%
 
10 Day Trading Range
0 2,012
Peer Comparison
UBSOMWPA (UOMWPA)233.96 (-0.71%)
AMCUNPWGP (UNPWGP)115.14 (-1.05%)
FNBGSE (FNBGSE)229.45 (0.33%)
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SBOIL  Latest Market Data
Wednesday's Close1,187   P/E Ratio
Today's Open1,992   EPS - TTM
Best Bid1,935 x 3 000   DPS - TTM Dividend n/a
Best Offer2,120 x 20 000   Dividend Yield
Volume 1 550   Market Cap 1.00bn
Day's Range1,992–2,012   Shares In Issue 50.00m
Detailed quote
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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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