What stock is good to long crude oil?

If you think crude oil prices will continue to rise due to increased demand and reduced supply what is a good stock or ETF to get exposure?

4 Responses to “What stock is good to long crude oil?”

  1. eve Says:

    I don’t want to tell people what to invest in but I have SLB,XOM, CHK and COP but Ive had all of them for awhile and theyre all up over 25%.

    I would research if BP and RIG have recovered and maybe Canadian stock like suncor or CNQ.
    I like the idea of energy trusts and companies that have both oil and gas.

  2. Chief Says:

    Energy ETFs
    I can’t tell you witch one is the best buy, but you can look at these on a chart and compare: There are a lots of investors that think energy is a good sector.
    1x Leverage = IYE, IEO, IEZ, IXC, XLE, OIH, XOP
    2x Leverage = DIG, REA ( 2x is for aggressive investors )
    3x Leverage = ERX ( 3x is for more aggressive investors )
    If you need more information click my picture and read About Me.

  3. ? Says:

    Instead of investing in the company which mines the oil, in this type of investment, the contact allows the trader to buy and sell barrels of crude oil at a certain price on the date of expiry. On the other hand, crude oil ETFs use future contracts with the general objective of tracking the price of the oil. Crude oil ETFs can track either the price of crude oil stocks or the price of crude oil itself. Through ETFs, traders to implement an single equity and take advantage of high leverage.

    Trading oil is a risky market because it is highly volatile. Prices change almost daily, and holding long term positions is a disadvantage since traders cannot take advantage of the significant price changes. On the other hand, it is impossible to trade crude oil in the spot market because there is no tradable instrument which tracks spot oil in the same manner that shares track the stock market.

  4. money stock Says:

    Trading oil is a risky market because it is highly volatile. Prices change almost daily, and holding long term positions is a disadvantage since traders cannot take advantage of the significant price changes. On the other hand, it is impossible to trade crude oil in the spot market because there is no tradable instrument which tracks spot oil in the same manner that shares track the stock market.

    The best way to trade crude oil is by using swing trading strategies using futures. It is best to look for futures contracts which expire monthly since the market is dynamic.

    Just like other financial markets, trading crude oil requires specialized knowledge of the day-to-day shifts in the demand and supply of oil, which can also affect its future prices. Also, traders can already take advantage of tools and chart for projecting price movements at specific periods.