The size of the petroleum ETF doubled and surpassed 6.5 billion yuan.
Due to the impact of the conflict between the US and Iran, international oil prices have sharply risen, leading to a doubling in size of the petroleum ETF. As of March 2nd, the latest scale is 6.595 billion yuan. Wind data shows that the turnover of the fund exceeded 3.6 billion yuan yesterday, with a net fund inflow of over 3 billion yuan. The petroleum ETF tracks the CSI Oil & Gas Industry Index, covering the entire industry chain from upstream exploration and exploitation, to midstream oilfield services and equipment, to downstream petrochemicals and transportation.
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