Correlation with oil price futures??????, page-96

I was contemplating this last night, but given what i have been reading on the potential loss per roll over, it doesn't seem to be a sound long-term hold. Realistically the demand in oil will sit where it is today (or marginally above) for the next little while (assume 6 months) - the cost implication for this ETF over that period is a bit too much for me to think the gamble is worth it. If there is continued storage issues, this won't end well. Mind you, I dont understand the intricacies of this ETF, so take what I say with a grain of salt, but this is my thoughts on it and why I've pulled out this morning. Hope it pays off for you mate, be brave!