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If I want to long oil for 12m horison, what is the best way to do that?

Jimmy White  •  Messages: 18  •  Years on forum: 11.3 05:12 AM 02/26/2016
12m future looks like an obvious solution but it rolling cost is $7/year which is a lot.

https://www.theice.com/products/219/Brent-Crude-Futures/data
Useful: +1 (1)

Jo Choo  •  Messages: 11  •  Years on forum: 11.3 02:54 PM 02/26/2016
Take a look at the following ETFs:

http://www.etf.com/USO

The United States Oil Fund holds near-month NYMEX futures contracts on WTI crude oil.

http://www.etf.com/DBO

The PowerShares DB Oil Fund tracks an index of crude oil futures contracts. It optimizes its contract selection based on the shape of the futures curve to minimize contango

http://www.etf.com/USL

The United States 12 Month Oil Fund tracks light, sweet crude oil spot prices using an average of the 12 nearest-month NYMEX WTI crude oil futures contracts.

JLeft  •  •  Messages: 16  •  Years on forum: 9.6 06:16 PM 03/14/2016
Jimmy, to summ that up there are no easy solutions. Oil is not a stock or currency...



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