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Crude oil ETFs including NEXT FUNDS NOMURA Crude Oil Long rise as WTI climbs on expectations of sustained high prices

Fri Apr 17, 2026 10:25 am JST Catalyst

Crude oil ETFs such as NEXT FUNDS NOMURA Crude Oil Long Index Linked Exchange Traded Fund <1699> and Simplex WTI ETF <1671> rose. On April 16, US crude oil futures climbed, with West Texas Intermediate (WTI) for May delivery rising $3.40 to $94.69 per barrel. While expectations grow for a second round of negotiations between the US and Iran, reports indicated that leaders from Gulf states and Europe believe a peace agreement could take roughly six months to materialize. WTI prices rose on speculation that normalizing navigation through the Strait of Hormuz will take time, keeping prices elevated.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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