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Oct. 12 (Bloomberg) -- Brent oil futures will be added to the Dow Jones-UBS Commodity Index for 2012 as weightings for the benchmark financial product are revised.
Brent traded in London will make up about 5.31 percent, or one-third of the crude portion, of the index’s components starting in January, the Dow Jones-UBS Index Supervisory Committee said in a statement yesterday. West Texas oil in New York will form about 9.69 percent, down from 14.71 percent, the notice said.
The following is a table of the new weightings:
--Editors: Paul Gordon, Ryan Woo
To contact the reporter on this story: Christian Schmollinger in Singapore at christian.s@bloomberg.net
To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net