Long Crude ETF

tmackenz · February 3, 2009, 6:37pm

I am looking for a way to go long oil without taking on company specific risk… I know of a few of the Canadian ones, does anyone know some good US ones to look into Thanks

Chuckrox8 · February 3, 2009, 6:40pm

USO http://etf.stock-encyclopedia.com/category/oil-price-etfs.html

bramei · February 3, 2009, 10:15pm

and i think pro shares has a levered 200% version of USO. the ticker is UCO.

kse · February 5, 2009, 12:47am

Be careful with these. Here is quite an in depth look at how crude oil ETF’s work and the risks involved: http://www.marketfolly.com/2009/01/how-to-play-crude-oil-using-etfs-etns.html