Zhitong Finance learned thatBlackjackrealmoneyThe US Petroleum Fund (US Oil Fund), the world's largest oil ETF--, appeared.BlackjackrealmoneyThere was the largest one-day outflow on record as crude oil prices lost some of the geopolitical premium caused by tensions between Iran and Israel. threeBlackjackrealmoneyThe withdrawal of $7.6 billion surpassed the record of $323 million set in 2009. There have been similar large capital inflows in the previous two trading days. After the correction, the US Oil Fund, with assets of $1.3 billion, is still the largest oil ETF.

On Wednesday, light crude for June delivery fell 55 cents, or 0.66%, to $82.81 a barrel on the New York Mercantile Exchange, while London Brent crude for June delivery fell 40 cents, or 0.45%, to $88.02 a barrel.

The price of crude oil rebounded before Iran launched missile and drone attacks on Israel. Over the weekend, it was reported that Israel launched a retaliatory strike against Iran and the price of crude oil experienced a new round of volatility. Us crude oil futures prices are about $5 lower than they were before the attack, and although the political situation remains tense, oil markets have become more optimistic about the risk of further escalation.

John Love, CEO of USCF Investments, which manages the US oil fund, saidBlackjackrealmoneyThe timing of this event coincided with the general easing of tensions in the Middle East over the weekend. Given the tensions before the attack, this is likely to be an event-driven sell-off. "