Credit Suisse X-Links WTI Crude Oil Index ETN (OIIL) Stock Analysis
DELISTED 2018
What happened to Credit Suisse X-Links WTI Crude Oil Index ETN (OIIL) stock?
Credit Suisse X-Links WTI Crude Oil Index ETN (OIIL) no longer trades on public markets. It was delisted in August 2018. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Credit Suisse X-Links WTI Crude Oil Index ETN (OIIL) trades at $43.00. Credit Suisse X-Links WTI Crude Oil Index ETN is an exchange-traded note designed to track the performance of the West Texas Intermediate (WTI) crude oil… Sector: Financial services.
Last analyzed: Mar 17, 2026Analyst Coverage for OIIL: OIIL does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates OIIL against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
Credit Suisse X-Links WTI Crude Oil Index ETN (OIIL) Financial Services Profile
Credit Suisse X-Links WTI Crude Oil Index ETN (OIIL) is an exchange-traded note providing exposure to the West Texas Intermediate (WTI) crude oil market through futures contracts. It offers investors a way to participate in the crude oil market's performance without direct commodity ownership, operating within the broader asset management sector.
What Is the Investment Thesis for OIIL?
OIIL offers a straightforward mechanism for investors to gain exposure to the WTI crude oil market. The primary value driver is the price movement of WTI crude oil futures contracts. Potential catalysts include geopolitical events, supply disruptions, and changes in global demand that impact crude oil prices. Investors should monitor the roll yield, which can erode returns if futures contracts are consistently trading at a premium to the spot price (contango). The ETN's performance is also subject to the credit risk of Credit Suisse. Given the volatility inherent in the crude oil market, OIIL is best suited for short-term trading strategies rather than long-term investment. Investors may want to evaluate the fees and expenses associated with the ETN, as well as the potential tax implications of trading commodity-linked products. The ETN's value is directly tied to the performance of the underlying WTI crude oil futures, making it a speculative instrument.
Based on FMP financials and quantitative analysis
OIIL Key Highlights
OIIL provides exposure to WTI crude oil futures contracts, allowing investors to participate in the crude oil market without direct ownership.
- As an ETN, OIIL is subject to the credit risk of the issuing bank, Credit Suisse.
- The value of OIIL is linked to an index that represents the near-month WTI crude oil futures contract.
- OIIL is designed for short-term trading strategies due to the volatility of crude oil prices and the impact of roll yield.
- Investors may want to evaluate the fees and expenses associated with the ETN, as well as the potential tax implications of trading commodity-linked products.
Who Are OIIL's Competitors?
OIIL is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| USO United States Oil Fund LP | $130.91 | +0.19% | $15.6B | 37 |
| BNO United States Brent Oil Fund LP | $53.49 | +2.24% | $205M | 50 |
| DBO Invesco DB Oil Fund | $22.10 | +2.36% | $358M | 50 |
| ABALX American Funds American Balanced Fund Class A | $41.00 | +0.37% | $292B | 72 |
| BX Blackstone Inc. | $141.41 | -2.54% | $171B | 81 |
| AMFCX American Funds American Mutual Fund | $63.80 | -0.72% | $77.4B | 71 |
| RNNEX American Funds The New Economy Fund Class R-2E | $80.46 | -0.29% | $52.9B | 91 |
| AMP Ameriprise Financial, Inc. | $554.06 | -1.02% | $49.8B | 70 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are OIIL's Key Strengths?
Provides direct exposure to WTI crude oil futures.
- Offers a simple way to participate in the crude oil market.
- Traded on exchanges, providing liquidity.
- Issued by a well-known financial institution, Credit Suisse.
What Are OIIL's Weaknesses?
Subject to the credit risk of the issuing bank, Credit Suisse.
- Performance can be impacted by roll yield.
- Designed for short-term trading strategies.
- Fees and expenses can erode returns.
What Could Drive OIIL Stock Higher?
Geopolitical events impacting crude oil supply and demand.
- Changes in global economic conditions affecting energy prices.
- OPEC production decisions influencing crude oil markets.
What Are the Key Risks for OIIL?
Credit risk of the issuing bank, Credit Suisse.
- Fluctuations in crude oil prices.
- Impact of roll yield on ETN performance.
- Changes in regulatory environment affecting commodity-linked products.
What Are the Growth Opportunities for OIIL?
- Increased Volatility in Crude Oil Markets: Heightened geopolitical tensions and supply disruptions can lead to increased volatility in crude oil prices, creating opportunities for short-term trading strategies using OIIL. The market size for crude oil futures trading is substantial, with daily trading volumes in the billions of dollars. This ongoing volatility can attract more traders seeking to profit from price swings, potentially increasing demand for OIIL as a trading instrument. The timeline for this growth opportunity is dependent on global events and market conditions.
- Growing Demand for Commodity Exposure: As investors seek to diversify their portfolios and hedge against inflation, there may be increased demand for commodity-linked investments like OIIL. The market for commodity ETFs and ETNs is estimated to be in the hundreds of billions of dollars. This trend could drive more investment into OIIL as a way to gain exposure to the energy sector. The timeline for this growth opportunity is dependent on macroeconomic factors and investor sentiment.
- Development of Sophisticated Trading Strategies: The availability of OIIL allows for the development of sophisticated trading strategies that combine crude oil exposure with other asset classes. The market for algorithmic trading and quantitative strategies is growing rapidly. This could lead to increased demand for OIIL from institutional investors and hedge funds seeking to implement complex trading models. The timeline for this growth opportunity is dependent on technological advancements and the adoption of quantitative trading methods.
- Expansion of Energy Sector Investments: As the global economy continues to grow, there may be increased investment in the energy sector, including crude oil. The market for energy investments is vast, encompassing exploration, production, and refining. This trend could indirectly benefit OIIL by increasing overall interest in crude oil futures and related financial products. The timeline for this growth opportunity is dependent on global economic growth and energy demand.
- Increased Use of ETNs for Hedging: Companies and investors may use OIIL to hedge against fluctuations in crude oil prices. Airlines, transportation companies, and other businesses that rely on crude oil as a key input may find OIIL useful for managing their price risk. The market for hedging instruments is substantial, with trillions of dollars in notional value traded annually. This could drive demand for OIIL as a hedging tool. The timeline for this growth opportunity is dependent on corporate risk management practices and market volatility.
What Threats Does OIIL Face?
- Fluctuations in crude oil prices.
- Changes in global economic conditions.
- Geopolitical events impacting oil supply.
- Competition from other crude oil ETFs and ETNs.
What Are OIIL's Competitive Advantages?
- Established Brand: Credit Suisse is a well-known financial institution, providing a level of trust and credibility.
- Direct Crude Oil Exposure: OIIL offers direct exposure to WTI crude oil futures, which is difficult to replicate without using financial instruments.
- Liquidity: OIIL is traded on exchanges, providing liquidity for investors to buy and sell shares.
- Simplicity: OIIL provides a simple way for investors to gain exposure to crude oil futures without the complexities of direct ownership.
What Does OIIL Do?
Credit Suisse X-Links WTI Crude Oil Index ETN (OIIL) is an exchange-traded note designed to mirror the performance of the West Texas Intermediate (WTI) crude oil market. As an ETN, it is a type of unsecured debt security issued by Credit Suisse, offering investors exposure to the price movements of WTI crude oil futures contracts. Unlike exchange-traded funds (ETFs) that hold physical assets or a portfolio of related securities, OIIL provides exposure through financial contracts, specifically futures. The value of the ETN is linked to an index that represents the near-month WTI crude oil futures contract. OIIL allows investors to participate in the crude oil market without the complexities of directly owning and storing the commodity. The ETN is designed for investors seeking short-term exposure to crude oil prices and is typically used for trading or hedging purposes. The performance of OIIL is subject to the fluctuations in the price of WTI crude oil futures, as well as factors such as the roll yield, which can impact returns when futures contracts are rolled over each month. Credit Suisse, as the issuer, is obligated to pay the return linked to the index, less fees and expenses. The ETN structure exposes investors to the credit risk of the issuing bank, Credit Suisse. OIIL operates within the asset management industry, providing a specialized investment product focused on the energy sector.
What Products and Services Does OIIL Offer?
- Provides exposure to West Texas Intermediate (WTI) crude oil futures contracts.
- Tracks the performance of an index representing near-month WTI crude oil futures.
- Offers investors a way to participate in the crude oil market without direct commodity ownership.
- Functions as an exchange-traded note (ETN) issued by Credit Suisse.
- Allows for short-term trading strategies based on crude oil price movements.
- Exposes investors to the credit risk of the issuing bank, Credit Suisse.
- Designed for investors seeking to profit from fluctuations in crude oil prices.
How Does OIIL Make Money?
- OIIL generates revenue through fees and expenses charged to investors.
- Credit Suisse, as the issuer, profits from the difference between the return linked to the index and the fees charged.
- The ETN structure allows Credit Suisse to manage its exposure to crude oil futures contracts.
- OIIL's value is derived from the performance of the underlying WTI crude oil futures contracts.
What Industry Does OIIL Operate In?
OIIL operates within the asset management industry, specifically in the segment of commodity-linked investment products. The crude oil market is characterized by high volatility and is influenced by global economic conditions, geopolitical events, and supply-demand dynamics. The competitive landscape includes other ETNs and ETFs that provide exposure to crude oil, as well as direct investments in oil futures contracts. OIIL's performance is closely tied to the overall sentiment and trends in the energy sector. The asset management industry is subject to regulatory oversight and is influenced by investor demand for specific asset classes.
Who Are OIIL's Key Customers?
- Retail investors seeking short-term exposure to crude oil prices.
- Institutional investors and hedge funds trading crude oil futures.
- Companies and investors hedging against fluctuations in crude oil prices.
- Traders seeking to profit from volatility in the energy sector.
Key Financial Metrics
Return on equity for Credit Suisse X-Links WTI Crude Oil Index ETN stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. OIIL trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
OIIL Financials
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's strategy and future performance.
- Community sentiment has turned positive, reflecting optimism about the oil market's recovery.
- Market perception is bolstered by rising crude oil prices, which could enhance the ETN's value.
- The underlying index has shown resilience, attracting interest from investors looking for exposure to oil.
Bear Case
- Concerns about global economic slowdown could dampen oil demand, affecting the ETN negatively.
- Community discussions highlight skepticism regarding the sustainability of recent price increases in crude oil.
- Recent geopolitical tensions have introduced uncertainty, leading to cautious sentiment among traders.
- The ETN's structure may expose investors to higher volatility, raising concerns in a fluctuating market.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
OIIL Latest News
No recent news available for OIIL.
Leadership: None
CEO title
Unknown
Track Record: Unknown
Credit Suisse X-Links WTI Crude Oil Index ETN Financial Services Stock: Key Questions Answered
What happened to Credit Suisse X-Links WTI Crude Oil Index ETN (OIIL) stock?
Credit Suisse X-Links WTI Crude Oil Index ETN (OIIL) no longer trades on public markets. It was delisted in August 2018. The figures below are historical and are not a current quote.
Can I still buy OIIL shares?
No. OIIL stopped trading on public markets in August 2018, so the shares are not available through a broker. Anything you see quoted for OIIL elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before OIIL stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Credit Suisse X-Links WTI Crude Oil Index ETN. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Credit Suisse X-Links WTI Crude Oil Index ETN do?
Credit Suisse X-Links WTI Crude Oil Index ETN (OIIL) is an exchange-traded note designed to track the performance of the West Texas Intermediate (WTI) crude oil market. It provides investors with exposure to WTI crude oil futures contracts without requiring direct ownership of the commodity.
What do analysts say about OIIL stock?
Analyst coverage of OIIL is typically focused on the underlying WTI crude oil market and the factors influencing its price. Key valuation metrics include the price of WTI crude oil futures and the roll yield. Growth considerations include global economic conditions, geopolitical events, and supply-demand dynamics in the energy sector.
What are the main risks for OIIL?
The main risks for OIIL include fluctuations in crude oil prices, the credit risk of the issuing bank (Credit Suisse), and the impact of roll yield on ETN performance. Crude oil prices are subject to volatility due to global economic conditions, geopolitical events, and supply-demand dynamics.
How does Credit Suisse X-Links WTI Crude Oil Index ETN generate revenue?
Credit Suisse X-Links WTI Crude Oil Index ETN generates revenue through fees and expenses charged to investors who purchase and hold the ETN. These fees are typically deducted from the ETN's value on a daily basis. Credit Suisse, as the issuer, profits from the difference between the return linked to the index and the fees charged.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The analysis is based on publicly available information and may not reflect all factors relevant to an investment decision.
- The crude oil market is subject to volatility and unpredictable events.
- Investors should consult with a financial advisor before making any investment decisions.