WisdomTree Heating Oil is an exchange-traded commodity (ETC) designed to track the performance of heating oil futures contracts globally. It provides broad exposure to the price movements of physically delivered heating oil, a refined petroleum product primarily used for heating buildings and power generation.
This ETC primarily holds futures contracts and other derivatives linked to heating oil. Managed by WisdomTree, its main purpose is to offer investors a convenient way to gain exposure to the global heating oil market. It aims to reflect the commodity's price performance.
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