Samsung S&P GSCI Crude Oil ER Futures ETF (03175.HK) down 0.42%, Iran talks eyed

NewTimeSpace News: Middle East tensions and signs of a restart in US-Iran talks kept oil volatile, with crude retreating after early gains on Monday. As of 13:40 HKT on September 21, 2026, Samsung S&P GSCI Crude Oil ER Futures ETF (03175.HK) fell 0.42% intraday to HK$11.860, with turnover of HK$679,100, trading volume of 57,400 units and a turnover rate of 0.23%.

NewTimeSpace learned that the ETF, managed by Samsung Asset Management (Hong Kong), tracks the S&P GSCI Crude Oil Multiple Months Futures 55/30/15-1M/2M/3M Index, gaining exposure to international crude prices through oil futures contracts, and is a commodity futures index product. As of 13:40 HKT on September 21, the ETF has assets under management of HK$308 million, a net asset value of HK$12.083 per unit and a board lot of 200 units.

On the news front, US-Iran talks show signs of restarting, with Iran conveying its conditions to Washington through Qatar, which said it is pushing both sides back to the table; Saudi Arabia said it aims to restore about half the capacity of its East-West pipeline within days, easing supply concerns.

Founder CIFCO Futures said the easing of US-Iran tensions and Saudi Arabia's pipeline restoration timeline have pulled prices back, though the Strait of Hormuz remains shut and further twists are possible.

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