Wednesday, December 21, 2011
Oil ETFs For the Long Term : DBO, SPY, USL, USO
With gold being the major growth story in the commodity world, oil's ascent to $144 per barrel in July of 2008 is a distant memory. However, since bottoming in February 2009, oil has regained some of it previous glory to currently sit around at $94.34. As the economy recovers, industries with start increasing their oil consumption, which will cause the price of oil to bubble up. Let's take a look at a few oil focused exchange-traded funds that could be good additions to your portfolio in the mean time.
at 12:06 AM