Best ways to trade or invest in crude oil

[Antotena]

I trust oil and it's good asset.
World needs oil the cars and airplanes so everything.
So what's best ways to hold oil shares and invest or trade?
What about any crypto decent safe CRUDE OIL tokens?
Like the tether gold have ? Does something like crude oil have?
Im sure a lot people looking for same thing and want to get into oil holding.

Oil is a viable asset, it's a day to day commodity that man kind can't do without but it doesn't mean the price will continue to appreciate continuesly because economy depend on crude oil in all areas and if the price increase, that means that the product will equally increase and so is inflation, so the price is been controlled by OPEC and you can't really make enough money from buying the token or holding them. The last I checked, oil price boom last in 2008 and since then it hasn't cross that all time high.

If you want to trade it fine, but it doesn't have that much volatility. I wonder how you intend to trade them unless you want to try leverage trading which ofcourse you and I know very we that's is a risky and gambling which can end in two ways, it's either you make it or it break you. So, the ball is in your court.

[WillyAp]

I trust oil and it's good asset.
World needs oil the cars and airplanes so everything.
So what's best ways to hold oil shares and invest or trade?

Form a company, place a decent value onto shares.
Have a few business partners as directors, better with good clean names.
Purchase Exxon shares (giving you a foot into the door), then get in touch with sales.

Between forming your company, setting directors you need to have a few months, looks just better.
Buying shares in the 1st year, approaching Exon, Mobile or else the next year.   

[STT]

You can hold royalty shares in gas pipelines, thats been a good bet at times.   Oil has a cost to storage, trade and transportation.  The simple way to own some oil is via the largest oil companies who both own reserves, extract refine and sell it internationally.

   BP is cheap at present but has some massive contracts to supply oil for a decade, they are controversial for some failures in the past but thats why they are cheap.  Most people are thinking of Tesla or similar for future energy but old oil production will carry on for decades and probably be here in a century still.  Just like Coal peaked a century ago but remains important in some areas and quite profitable.

Trading commodities is not something I would recommend in person.  USO is the oil ETF, it has a cost but can vary 20% in your favor without a great amount of risk but I'd not hold it forever.  End of last tax year it had risen 22% YTD pretty good for hands off

[mindrust]

I trust oil and it's good asset.
World needs oil the cars and airplanes so everything.
So what's best ways to hold oil shares and invest or trade?
What about any crypto decent safe CRUDE OIL tokens?
Like the tether gold have ? Does something like crude oil have?
Im sure a lot people looking for same thing and want to get into oil holding.

Just buy the major oil stocks like ExxonMobil, BP, Shell, Chevron etc... No need to make it complicated. You can bet on oil's future price too but I don't do options trading so I don't know it well. Remember; during covid19, oil prices went negative. Lots of people who were long on oil got wiped out because of that.

Oil is a smart play. It is often regarded as "black gold" and it is undoubtedly more useful than gold, so buying some oil companies is always a good idea.

[bangjoe]

I think it is an ancient asset that may be extinct in the future. Many companies in the car industry have opted for a less carbon footprint and no more oil, so I’m not sure how much it could be shortly. They have covered many problems that cost money to stabilize or even raise the price.

Some countries have indeed tried to find ways how they can be free from dependence on petroleum for fuel because it is quite disruptive to the environmental ecosystem and continues to suppress global warming with the carbon produced when it is burned.

However, when a major war occurs, oil becomes a global prima donna, as before when the Ukrainian war with Russia, global oil has increased in price, because maybe then and now there are still many who are dependent on oil.

But if you talk about the long term, I agree with you, maybe it will be extinct and humans will be enough not to suck oil from the earth anymore.