We get it…you want exposure to oil and think Barclays’ NYSEARCA:OIL is the best way to do it. We aren’t surprised about this at all.
I mean…oil is being talked about a lot lately and has been in play for well over a year now. OPEC has meetings multiple times a year where they talk about potentially cutting production supply in order to increase the price of crude oil.
Regardless of the outcome, whenever there is an OPEC meeting, crude oil is in play as it brings a lot of volatility. And when there is a lot of volatility we can be sure that there will be two-sided market action for us, thus, liquidity and opportunity.
NYSEARCA:OIL is an option for getting exposure to crude oil. Let’s see if it is the best solution for not for you.