how do i actually buy oil

[CardMinger]

come on guys...lets think a little before bashing someone.

The question he is asking is how to buy oil in a stock sense...just like saying "How do I buy Microsoft" you tell them to buy shares of MSFT. Oil works the same way but I believe the only way you can directly buy oil is in the futures market...where you are basically buying options on contracts of oil.

If you are looking for a way to buy using a general online broker you might want to just pick a company that you expect to profit more as oil rises and either buy shares or calls on that company.

Someone a little more knowledgeable will be able to give you specifics...I just thought I would get this thread on the right track

Thanks,
Kevin

[cwsiggy]

I was just kidding. Yes, the most direct way to play the oil market is by buying futures on oil contracts. If you want to play with stocks, you'll need to do research on various companies invloved in the oil industy - Exxon, BP, or maybe the oil services industy etc. etc. I'm sure there is an oil index that trades in the form of an ETF.