How to invest in oil?

Oil is the most used resource after water, so inevitably, there are profits to be made and so we will see today how to make money by investing in oil and especially how to do it.

Before you start investing, there are a few things you need to know in order to make the most profit.

Why invest in oil?

How to invest in oil?

Is it profitable to invest in oil nowadays?

First of all, you need to know why you want to invest and how much you are willing to invest because this will influence the way you will invest and especially the profits you will generate. 

How to invest in oil?

Unlike gold, you can't buy barrels of oil and store them at home, but you have to buy a bit like stocks on the stock market, you have to invest online in oil and you will receive your profits exactly like in the stock market and in corporate stocks. One barrel is equivalent to 42 gallons, and it is priced at $180. 

There are three main types of ETFs where investors invest in oil:

The United Stades Oil Fund { USO };

Vanguard Energy ETF { VDE };

Vaneck Vectors Oil Services ETF { OIH }.

ETF's are very popular with beginners and experienced investors because they carry very little risk and the return is virtually guaranteed.

How much can oil investments yield?

For some time the price of oil has risen sharply and it could be wise to invest in it but you must still be careful because it is a bit of an action because you will not buy barrels of oil and store them in your living room, so it is for this reason that you must be very careful and invest at the right time and for this you must keep informed of the current situation and the court of different commodities (oil, coal, gas, etc.). 

Now you have all the keys to invest in oil and become a quality trader.