UBS has launched the UBS Oilfield Strategy Index (UBS-OSI). This new oilfield strategy index is based on WTI crude oil (West Texas Intermediate). Financial structured products on this Oilfield Index will be available in various maturities and currencies, including dollars, euros and sterling.
The strategy of the UBS-OSI is financially equivalent to owning the financial performance of an oil field producing WTI crude oil. This is achieved by going long a series of WTI crude oil futures contrac