Thursday, July 12, 2012

How do you invest into oil? | Gold Investment Trading Report

FAQ: How do you invest into oil?

I would like to invest into oil, but i dont know how to. Can someone help? Is it like investing into Stocks or Gold? Stocks has its own symbols, dose oil too? Or am i suppose to buy oil like I do with Gold?

www.goldsenze.com Answer:

There is an oil-tracking ETF, the ticker is USO.
Most of your larger upstream companies would give you exposure to crude, although the direct way of course would be to buy oil futures.
Honestly though, if you need to ask this question, you shouldn?t be buying futures?

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Source: http://www.goldsenze.com/how-do-you-invest-into-oil/

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