Capture oil market movements with the crude oil ETF
November 30th, 2008 . by admin
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It wasn’t that long ago that oil analysts were calling for $200 oil. After trading over the $150 a barrel mark, crude oil has declined considerably in recent weeks. Spurred on by the threat of recession in many developed economies and falling victim to hedge fund liquidation and redemptions oil is now trading in the $50 - $60 range. Traders who wish to participate in crude movements can do so via the crude oil ETF. This is a great alternative to futures and options and allows you to go long or short the market without exposing yourself to potential margins calls that can result from futures.