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ETN - Standard Bank Oil  –  SBOIL  
     
Prices at least 15 minutes delayed. Source: JSE Ltd.
 
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JSE Overall 97 193 0.13%
 
10 Day Trading Range
0 2,107
Peer Comparison
AMC017 (AMC017)1,174.73 (-0.24%)
UBSOMWPA (UOMWPA)229.62 (-1.08%)
AMCUNPWGP (UNPWGP)112.62 (0.64%)
FNBGSE (FNBGSE)220.29 (-0.67%)
UBSABSPA (UABSPA)209.35 (0.41%)
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SBOIL  Latest Market Data
Wednesday's Close1,187   P/E Ratio
Today's Open2,107   EPS - TTM
Best Bid2,107 x 498 046   DPS - TTM Dividend n/a
Best Offer2,133 x 500 000   Dividend Yield
Volume 1 954   Market Cap 1.05bn
Day's Range2,107–2,107   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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