oil price

Monee:

Believe it or not responding to your post @ 4:15 is not everyone's priority.

A pure OIL ETF is being developed, according to various news sources. The problem is storage and delivery of a commodity.

Right now the closest you are going to get is IGE which is 75% OIL/OIL Services.

XLE is also an oil play, however mostly OIL companies.
 
Quote from Ebo:

Monee:

Believe it or not responding to your post @ 4:15 is not everyone's priority.

A pure OIL ETF is being developed, according to various news sources. The problem is storage and delivery of a commodity.

Right now the closest you are going to get is IGE which is 75% OIL/OIL Services.

XLE is also an oil play, however mostly OIL companies.


Ebo

I did see from morningstars site an Oil ETF is in the works to track the price of Brent crude.

Light crude oil e-mini was @ HOD @ 16:00 the others XLE and IGE were not.

Thanks for the response guess I'm just impatient today.
 
CADJPY is a good proxy to the price of oil.

I currently have a CADUSD and CADJPY play. The correlation to oil is pretty much bang on IMHO.
 
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