Investing in oil

[thinfourth2]

Okay is there a way i can invest a few grand in oil to offset some of the pain at the pumps

I'm not a city trader so please no techno babble i'm a simple fixer of things who has a few grand in a savings account who feels lucky

[-DeaDLocK-]

Easiest non-technical ways are to invest in energy funds or shares in oil companies.

I'm sure someone will be along in a minute to correct me and provide more detail.

[thinfourth2]

And where do i find these funds?

[-DeaDLocK-]

Tried googling energy funds? Ain't difficult.

[thinfourth2]

its morning

i haven't had my coffee

it is difficult

[jshell]

thinfourth2 said:

Okay is there a way i can invest a few grand in oil to offset some of the pain at the pumps

I'm not a city trader so please no techno babble i'm a simple fixer of things who has a few grand in a savings account who feels lucky

Buy BP shares? They have a mahoosive field and reserves down in Angola which they are developing - without many of the problems that beset Nigeria!

[TurboVet]

I believe the margin required on ONE futures contract on oil as about $10,000 U.S.

Sooner or later someone in government will realize that if you RAISE the margin call up to say 25% of the contract, the price of oil should take a sharp decline. If it doesn't, make it 50%! I believe this theory was used in 1980-1 when the Hunt brothers were buying up every silver future they could get their hands on. The Exchange made it a requirement that the 5% margin call price would be increased to 50%. Almost overnight the price of silver fell like a rock, as the brothers could NOT come up with the money then required for their margin calls!

Now that was 30 years ago, and my mind isn't perfect on the exact facts anymore, but I'm sure if you did some research, you could come up with all the right answers! Personally I'd NOT buy now, as FUNNY things seem to happen to the markets as we get closer to the U.S. elections in November!

[blindswelledrat]

If you fancy a gamble with high-risk, high-return shares then Heritage Oil have recently been floated in the UK.
They are undertaking several exploration drills this year and are small enough that if any of them hit oil you'll be quids-in.
I was 'tipped' about these three years ago on the Canadian stock exchange and the value quadrupled in about 4 months after I had declined to buy any.
Just go in with your eyes open though, if you fancy the risk

[siscar]

You need to invest on the basis of what is going to happen, not what has happened. Everyone knows about the oil price, the profits oil companies are making, the future demand from China etc. That stuff is all priced in so there is absolutely no guarantee that you'll make any money investing in oil. You make money investing before the big prices rises, not when they've already happened.

[Simpo Two]

siscar said:

You make money investing before the big prices rises, not when they've already happened.

Indeed, by the time it's on the telly the City types have already made their millions and got out.

[quyen]

Oil seems better value now.

What would be the best way to invest a few grands directly in Crude oil now?

Thanks

[dan1981]

blindswelledrat said:

If you fancy a gamble with high-risk, high-return shares then Heritage Oil have recently been floated in the UK.
They are undertaking several exploration drills this year and are small enough that if any of them hit oil you'll be quids-in.
I was 'tipped' about these three years ago on the Canadian stock exchange and the value quadrupled in about 4 months after I had declined to buy any.
Just go in with your eyes open though, if you fancy the risk

I hope no-one listened to BSR.....

http://finance.google.co.uk/finance?client=ob&...

[Captain Cadillac]

dan1981 said:

blindswelledrat said:

If you fancy a gamble with high-risk, high-return shares then Heritage Oil have recently been floated in the UK.
They are undertaking several exploration drills this year and are small enough that if any of them hit oil you'll be quids-in.
I was 'tipped' about these three years ago on the Canadian stock exchange and the value quadrupled in about 4 months after I had declined to buy any.
Just go in with your eyes open though, if you fancy the risk

I hope no-one listened to BSR.....

http://finance.google.co.uk/finance?client=ob&...

What if you bought on 16th oct and sold on 16th december?

[dan1981]

Captain Cadillac said:

dan1981 said:

blindswelledrat said:

If you fancy a gamble with high-risk, high-return shares then Heritage Oil have recently been floated in the UK.
They are undertaking several exploration drills this year and are small enough that if any of them hit oil you'll be quids-in.
I was 'tipped' about these three years ago on the Canadian stock exchange and the value quadrupled in about 4 months after I had declined to buy any.
Just go in with your eyes open though, if you fancy the risk

I hope no-one listened to BSR.....

http://finance.google.co.uk/finance?client=ob&...

What if you bought on 16th oct and sold on 16th december?

Genius..... unfortunatly the advice was given in May.

[Fittster]

An ETF tracking the oil price should be quite simple

[blindswelledrat]

dan1981 said:

Captain Cadillac said:

dan1981 said:

blindswelledrat said:

If you fancy a gamble with high-risk, high-return shares then Heritage Oil have recently been floated in the UK.
They are undertaking several exploration drills this year and are small enough that if any of them hit oil you'll be quids-in.
I was 'tipped' about these three years ago on the Canadian stock exchange and the value quadrupled in about 4 months after I had declined to buy any.
Just go in with your eyes open though, if you fancy the risk

I hope no-one listened to BSR.....

http://finance.google.co.uk/finance?client=ob&...

What if you bought on 16th oct and sold on 16th december?

Genius..... unfortunatly the advice was given in May.

In my defence-what have any shares done in that time?
Plus oil is at a quarter of the price it was then-so relative to oil they have done comparitively well. If the oil price had maintained, which was the basis of the thread, it would have been a half decent tip.
But it wasnt. Shame I took my own advice

[blindswelledrat]

Captain Cadillac said:

dan1981 said:

blindswelledrat said:

If you fancy a gamble with high-risk, high-return shares then Heritage Oil have recently been floated in the UK.
They are undertaking several exploration drills this year and are small enough that if any of them hit oil you'll be quids-in.
I was 'tipped' about these three years ago on the Canadian stock exchange and the value quadrupled in about 4 months after I had declined to buy any.
Just go in with your eyes open though, if you fancy the risk

I hope no-one listened to BSR.....

http://finance.google.co.uk/finance?client=ob&...

What if you bought on 16th oct and sold on 16th december?

Or if you bought when I said and sold 6 weeks later!!!!

[ShadownINja]

You didn't give a sell signal. No Christmas presents for my 6 orphan children this year.

[welshbikerduck]

I wonder how much the OP has lost in his oil investment.

[ShadownINja]

Who knows.

Here's a thread to chuckle over if you want to read about trading oil.

http://www.elitetrader.com/vb/showthread.php?s=d1a...