Thinking about Buying Oil but Don’t Know Where to Start?
With the way oil prices ran from $51.03 to $147.90 a barrel and then plummeted under $40 a barrel, many investors are considering to make their entry into the “black gold” market. While there are hundreds of oil companies out there to invest in, the risk is significantly greater than simply trading the price of oil. So how does an average retail investor trade the spot price? The simplest and most direct way for most investors to make a bet on the price of oil is to buy shares of USO. USO is not a company, it's simply an asset…