● If you are so sure about it. Simply buy oil future or ETF.
○ like I said, not all drilling company or refinery are going to benefit from the high price, as their cost are rising too.
○ What I suggested were QM (Crude Oil future) and USO (Oil ETF). They are related to oil price only. They have nothing to do with oil companies.
○ got it. thanks.
● I checked the historical price of USO and find it doesn’t track the spot price very well. For example, compared to Jan 07, light sweet crude spot is up 49% but USO is only up 21%. Any comment?