The Best Long-Term Long Oil holdings

[nir cohen 0]

Hi Guys 

My first post here

 

As I see it it is almost the time to start and collect Long position on Crude Oil for the long term ( 1-3 years)

My researches show that ETF might suffer from ETF Contango, i found these 2 ETF options for the long term investors:

• USL
• DBO

MLP:

• MLPQ
• PAA 
• EP

 

I would love to get your input what will be the best long term position (1-3 years) as you see it 

 

 

 

 

[SpartyMike 0]

What do you think about UCO?

[Frequent Flyer 0]

 

If you believe that WTI Crude will hit price of $ 30 in six months to one year, my thoughts are to invest in commodities trading instead companies. In this voltile markets, companies can make mistakes or seek Chapter 11 protections levaing shareholders hapless.

Script OIL seems to be tracking the oil movement accurately with enough liquidity and high volume trading. In my view it is one of the most appealing oil commodity stock out there.

Thoughts?

Edited April 1, 2020 by Frequent Flyer