Meet the college students trying to reverse an obscure ban on trading onion futures
Published . Updated .
In the U.S., investors can legally trade futures contracts tied to all sorts of commodities, from pork bellies to oil to the computing power needed to power artificial-intelligence models.
Directly affected
- No company is named in this report.
Indirectly affected
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers earn more when crude prices rise
- OXY Occidental Petroleum
Oil producers earn more when crude prices rise
- COP ConocoPhillips
Oil producers earn more when crude prices rise
- VLO Valero
Refiners' profits move with crude and fuel prices
- MPC Marathon Petroleum
Refiners' profits move with crude and fuel prices
- XOP SPDR S&P Oil & Gas Exploration
A fund of oil and gas producers
- XLE Energy Select Sector SPDR
A fund of energy companies
- USO United States Oil Fund
This fund moves with oil prices
- OIH VanEck Oil Services
Oilfield services rise when drilling follows oil prices
Price reaction, T-5 to T+3
In the U.S., investors can legally trade futures contracts tied to all sorts of commodities, from pork bellies to oil to the computing power needed to power artificial-intelligence models.
Source: MarketWatch
How solid the energy case looks
12 out of 100
“Meet the college students trying to reverse an obscure ban on trading onion futures” scores 12 out of 100. The score uses 1 sources.