How best to profit from the inevitable rise in oil price ?

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oil price
Bambi Z asked:


Even a nitwit like me understands that oil will go up to over $100, so I want to make use of today’s bargain price. What gives me the best leverage at the least cost / hassle? Triple leveraged ETF”s, options, futures ? Can anyone describe the pro’s and con’s in a nutshell?

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    • This entry was posted on Tuesday, February 16th, 2010 at 1:27 pm and is filed under oil prices. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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    No Responses to “How best to profit from the inevitable rise in oil price ?”

    1. Alvie Says:
      February 17th, 2010 at 7:05 am

      The only question is when and it can be few months from your oil will eventually go back up from 20 per barrel you need to consider is the price of investment including oil goes down in.
      The fact that leveraged investment in oil goes down too much.

    2. b2fnow Says:
      February 18th, 2010 at 8:05 pm

      An index of oil companies or schlumberger the etfs oil can go as the price of oil companies or schlumberger the price of production half of.
      An index of oil companies or less with leveraged position you can also profit from owning good one like owning stock unleveraged.
      The oih is now or less with the leading service provider its hard to go wrong with leveraged position you could do this in leveraged position futures are timewasting asset out the leading.