Profit from oil with a crude oil ETF

February 5th, 2008

Crude oil has been steadily rising over the last few years. This upward pressure on prices is due to many different economic and political factors. Some say that there is a built in premium of twenty to thirty dollars due to global uncertainty. Whilst this is no joy to car owners who pay high gas and fuel costs to run their cars it can be a joy to investors who take advantage of rising prices. A crude oil ETF is one way to gain exposure to the movements in the price of crude oil. The ETF is traded on the US exchange and can be bought and sold in the same way that shares are transacted.

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Entry Filed under: Business

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