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What are the best oil related stocks or etf's to own right now?

Are there oil related stocks or etf's not subject to contango or hedging?

49 day(s) ago

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sandy3
er.. any ETF that trades oil as an underlying will be subject to various combinations of contago, backwardation, and speculation/hedging at any point in time. This is just the nature of a physical commodity with a market the size of oil.

You could try USO - this tracks Oil Services companies & tracks the oil market closely. You wont' be able to avoid speculating/hedging though.

Posted 49 days ago

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