MyPivots
ForumDaily Notes
Dictionary
Sign In

Oil ETF

An oil exchange-traded fund (ETF) is a type of investment fund that tracks the price of oil. Oil ETFs are traded on stock exchanges just like stocks, and they can be bought and sold through a broker.

Oil ETFs can be a good way to invest in the oil market without having to directly own oil futures contracts. They can also be used to hedge against oil price fluctuations.

There are a number of different oil ETFs available, so investors should do their research to find the one that is right for them. Some of the most popular oil ETFs include:

Oil ETFs can be a volatile investment, so investors should be aware of the risks before investing. However, they can also be a good way to gain exposure to the oil market without having to directly own oil futures contracts.

Here are some of the key things to know about oil ETFs: