GlobalX S&P Crude(03097.HK) +0.66%, IEA sees 2026 demand down 2.6m bpd
- GlobalX S&P Crude Oil stood at HK$10.660, up 0.66%, with turnover of HK$100,400.
- The ETF tracks the S&P GSCI Crude Oil Enhanced Excess Return Index via futures.
NewTimeSpace News: GlobalX S&P Crude Oil(03097.HK) traded higher in Hong Kong in the morning session. As of 10:46 HKT on October 26, 2026, the ETF stood at HK$10.660, up 0.66%, with turnover of HK$100,400, volume of 9,400 units and a turnover rate of 0.10%.
The ETF is managed by Mirae Asset Global Investments (Hong Kong) Limited and tracks the S&P GSCI Crude Oil Enhanced Excess Return Index through futures contracts. As of the same time, the ETF had assets of HK$102 million, a net asset value of HK$10.476 per unit and a board lot of 100 shares.
On the news front, the US Department of Energy said it had approved an emergency release of up to 400,000 barrels of crude from the Strategic Petroleum Reserve to address supply disruption at the Lake Charles refinery in Louisiana, with SPR inventories now at their lowest since 1982.
The International Energy Agency said in its October oil market report that it expects global oil demand to fall by an average of 2.6 million barrels per day in 2026, with diesel accounting for 25% of the decline.
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- Mirae Asset Horizons S&P Crude Oil Futures Enhanced Er Etf (03097.HK) Rises 0.78% in Intraday Trade, AUM at HKD 106 Million
- Global X S&P Crude Oil ETF (03097.HK) Rises 0.84% to HKD 9.605
- Global X S&P Crude Oil ETF (03097.HK) Rises 2.28% to HKD 9.440
