Argus Set to Draw ETF Attention By Don Dion About this article: United States Commodity Funds, the firm that runs the United States Natural Gas Fund and the United States Oil Fund , has recently shown interest in launching a new fund designed to track the performance of the Argus sour crude oil index. The firm is also considering the launch of a short natural gas fund for investors looking to play decreases in the commodity's price. London-based Argus Media's Argus Sour Crude Index has gained considerable attention from Latin American and Middle Eastern oil exporters since last week, when Saudi Arabia's Saudi Aramco abandoned West Texas Intermediate crude oil as the basis of its pricing for U.S. customers. According to Reuters, this action stemmed from the growing frustrations caused by the divergence between crude prices and the U.S. Gulf Coast's market conditions. In response to the growing popularity of the index, CME Group and Intercontinental... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

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