Oil spike in a few months
Maybe worth a few grand in an oil company, or oil futures.
remember ....you heard it here first.
Maybe worth a few grand in an oil company, or oil futures.
remember ....you heard it here first.
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I'm alright Jack -
Not hard to predict really, maybe not in the next few months though, but the oil price appears to have bottomed out now certainly all the charts indicate so. Good time to start drip feeding into a tracker like CRUD or if you're feeling brave LOIL or just the big oil cos. -
Anyone got a guide on trading ETFs for newbies? I would have thought that the price of oil going up long term is as safe a bet as you can get, and if it's as simple as buy low, sell high, I'm in....And the lord said unto John; "come forth and receive eternal life." But John came fifth and won a toaster.Comment
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I would buy some oil company stocks but BP,Shell,Exxon etc are still fallingComment
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Its pretty straight forward, no different from an ordinary stock.Originally posted by b0redom View Post
I just put some Nat Gas into my selftrade ISA via an ETF.The Mods stole my post count!Comment
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Big article, could be summarized "Supply Crunch"
I have both CRUD & LOIL personally. It's also a hedge against inflation.Bored.Comment
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I just stuck 1 ltr of oil in my car.
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Is that what you mean by "going long"?Originally posted by DimPrawn View PostI just stuck 1 ltr of oil in my car.
"Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "
Thomas JeffersonComment
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