In other words, if I think the price of oil will triple in the next year, is there a simple investment vehicle that I can purchase to capitalize on such an increase?What is a simple investment or security that goes up or down in lockstep with the price of oil?
The easiest thing for you to do as a small time investor who want liquidity is to buy an oil etf. Check out stock tickers OIL or USO. They will rise and fall with oil. Also most oil companies like PQ, RRC, CLR will largely follow the price of oil.What is a simple investment or security that goes up or down in lockstep with the price of oil?
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