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Re: how do i actually buy oil
If you want to buy an oil futures contract you need a commodities account, which I do not think you have.
Otherwise with a brokerage account like yours you can buy: Royalty trusts: BPT Integrated oil company: XOM Integrated oil ADR: PZE mutual fund: VGENX and others that service oil fields, make pipes to carry oil, operate piplines, tanker companies ... You could also short oil sensative stocks like transports and airlines. |
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