How to buy oil shares?

4th Dec 2009 by JonB

Because of the leverage in futures, unless you are working on a massive scale, futures probably won;t work for you. There are however many ways to profit from the rise in oil, thus hedging yourself against rising energy costs. The easiest way is probably through oil or gas ETFs. There are many out there that work for hedging on all kinds of budgets. There are also many energy stocks that do well when the price of energy goes up, this is another way to hedge against rising energy costs. Options on futures is another way.

This answer is the subjective opinion of the writer and not of FinancialAdvisory.com