From what I understand, OOO is the tracking EFT of WTI 3 month futures crude oil price. WTI futures is traded in US (I think) and OOO is tracking of that. So when we trade OOO from ASX, does the WTI 3 month futures crude oil price changes in the US market?
For example, there were a huge volume sale from a Australia broker today and OOO dropped 7%, does WTI 3 month futures crude oil price drop by 7% in US?
