Teucrium WTI Crude Oil Fund: Another Way to Buy 12 Months of Oil Contango

Ron Rowland submits:Teucrium Trading last week (2/1/11) launched the Teucrium Natural Gas Fund (NAGS), providing investors with unleveraged exposure to natural gas futures contracts. The fund’s stated objective is to reflect the daily percentage change in the next March, April, October, and November Henry Hub Natural Gas Futures Contracts, weighted 25% equally in each contract month, less expenses.

Michael Johnston submits:Teucrium Trading LLC, the Brattleboro, Vermont-based firm that launched the first pure play corn ETF (CORN) earlier this month, has now filed for SEC approval on a slew of single-commodity funds offering exposure to everything from crude oil to soybeans. The five proposed products include:

Ron Rowland submits:If you want 100% exposure to crude oil contracts and their associated contango problems, plus you want to leverage up for another 100% exposure to large-cap U.S. stocks, then Morgan Stanley has just the product for you.

While the price of WTI will probably appreciate relative to Brent over the next 12 months, the contract itself has lost its relevance as a marker for global oil markets For the first year since the futures were created, Brent crude is poised to overtake West Texas Intermediate oil as the world’s most-traded commodity.

Michael Johnston submits:Teucrium, the issuer behind the only pure play corn ETF on the market, has doubled the size of its ETF lineup with the introduction of the Teucrium Natural Gas Fund (NAGS). The new fund will offer investors another option for gaining exposure to natural gas futures contracts through the exchange-traded structure.

Michael Johnston submits:United States Commodity Funds, the company behind several of the largest futures-based exchange-traded commodity products, added a new fund to its lineup this week. The United States Brent Oil Fund (BNO) began trading on Wednesday, becoming the eighth product offered by USCF.

West Texas Intermediate traded near the lowest price in almost six months and at the steepest discount to Brent since March, as crude stockpiles rose for a 10th week in the U.S., the world’s biggest oil consumer.

When a train laden with crude oil rolled into the sleepy town of Stroud, Oklahoma, one night this August, global oil markets reacted immediately. The unexpected arrival of some 70,000 barrels of crude — a pittance in global terms — caused the premium of international benchmark Brent oil futures to its U.S. counterpart to widen by a dollar in an hour.