Barclays Announces Reduced Investor Fee for iPath® Pure Beta Crude Oil ETNs (Ticker: OIL)
Barclays Bank PLC (Barclays) announced today that it plans to reduce the investor fee for its iPath
Pure Beta Crude Oil ETNs (the ETNs) which are currently listed on the New York Stock Exchange under the ticker symbol OIL.
Effective as of the open of trading on February 1, 2021, the investor fee per ETN for the ETNs will be equal to (1) 0.57%
1
times (2) the applicable closing indicative value on the immediately preceding calendar day
times (3) the applicable daily index factor on that day (or, if such day is not an index business day, one)