Best ways to trade or invest in crude oil

[Mansory22022]

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.

[Charles-Tim]

What about any crypto decent safe CRUDE OIL tokens?

There are some coins that are gold backed, like Paxos Gold and Tether Gold but there are aren't any for crude oil. If you want to trade crude oil, you will need to trade it on a commodity exchaage through a broker. I have little or no knowledge about something like this and forex.

[crwth]

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.

[Knight Hider]

Do you want to invest in 'oil', or oil companies?

[Alpha Marine]

Just as  Charles-Tim said, you can trade Oil in the commodity exchange. You can buy options or futures in the commodity market.
You can also buy Oil shares in Oil EFT. There are many crude oil ETF that you can buy oil shares from if you wish

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.

I feel like this is something the wealthy businessmen who have products that rival oil have made the world believe. If you critically look at the world we live in today, I don't see how people can believe the world would move away from oil anytime soon. And I don't know how they were able to convince people that non-oil electronics are cheaper. Let's be for real. I agree that may be the future, but it's a very distant future, I'm talking centuries.

[boyptc]

So what's best ways to hold oil shares and invest or trade?

Two ways, through a broker and through you holding it in actuality and selling it on your own.

But most of the oil holders or traders are just going with the flow through brokers that has its on their lists, that's way easier just like us trading crypto through exchanges, p2p or spot markets.

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.

That won't work, remember petro or the maduro token that's backing their oil? I think that has became an issue before but didn't went into fruition.

[Churchillvv]

I feel like this is something the wealthy businessmen who have products that rival oil have made the world believe. If you critically look at the world we live in today, I don't see how people can believe the world would move away from oil anytime soon. And I don't know how they were able to convince people that non-oil electronics are cheaper. Let's be for real. I agree that may be the future, but it's a very distant future, I'm talking centuries.

To an extent I agree with you but talking centuries it might not be that far before electronic vehicles and tools take over the world today and the near future because from my perspective or my environment people are really opting for electric vehicles which has reduced the vitality of crude oil.

Certainly there is a very big truth that the crude oil dealers and other wealthy investors in the oil industry are not letting people outside the industry know because literally they aren't leaving the industry anytime soon but scare people away with the development of the electric dependant vehicles etc.

[SamReomo]

So what's best ways to hold oil shares and invest or trade?
What about any crypto decent safe CRUDE OIL tokens?

The best way of course depends on someone's needs. I believe for majority investing in crude oil futures will work as that's the easiest way to bet on crude oil. I haven't yet found any crude oil backed token on the market and that's why can't recommend you any.

In order to trade futures of crude oil you'll have to find a genuine broker that supports crude oil trading. Alternatively, you can also invest in crude oil ETFs and to be honest for most people the best option is always going to be trading crude oil ETFs.

[Yatsan]

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.

I've search some of this and this is what i think bare with me. The petroleum is obviously placed at such a strategic point concerning global energy and infrastructure that it still remains on the radar. A vast number of methods of investment in oil or trading on oil exist with different sets of advantages and risks associated with each one choice remains the more classic approaches. They range from investing in oil stocks-particularly through purchasing the shares of the companies from the oil sector, or through the funding of ETFs through, for instance the United States Oil Company-aka USO to it through monitoring the reaction of oil with natural products. Futures contracts are one way to estimate future oil prices but require a thorough understanding of the futures market, as it is complex and risky. Likewise, different exposures are offered through shared income that is derived from various sources of energy. The oil support tokens, Crude Oil Token-COT for example, are typical of what physical ownership of oil is, providing a digital financial system, although its currency and market acceptance may be different though. Some blockchains have been working on tokenizing commodities, like oil. However, these are new commodities with attendant risks, including regulatory concerns. Given there is a plethora of other types of stablecoins also pegged to oil, much like Tether Gold is pegged to gold, products like these are really just starting to sprout in the space. Any investment strategy should be carefully analyzed, albeit for flexibility, suppleness, and alignment of investment goals and risk tolerance.

[Alpha Marine]

To an extent I agree with you but talking centuries it might not be that far before electronic vehicles and tools take over the world today and the near future because from my perspective or my environment people are really opting for electric vehicles which has reduced the vitality of crude oil.

Certainly there is a very big truth that the crude oil dealers and other wealthy investors in the oil industry are not letting people outside the industry know because literally they aren't leaving the industry anytime soon but scare people away with the development of the electric dependant vehicles etc.

It may not take that long, but it's certainly not in the near future. Currently, 40% of the world's energy comes from oil, which is not going to change over a couple of years; it's going to take time. Oil is used not just for vehicles but also to provide electricity.
Planes and space rockets still use oil products even though there have been alternatives, a lot of research has to be done before it can become a norm.

If I want to go into conspiracy theories, I believe the money in the oil and gas sector is too much for the people who make that much from it to sit and watch their sector become irrelevant. Thats why I say it will take time. This is always why I believe third-world countries would be developed enough to afford electric vehicles. They don't even steady electricity supply, so how would they manage and electric vehicle? 

[Porfirii]

There is at least one new project in altcoins right now whose managers state that their aim is precisely to make it easier investing in crude leveraging blockchain technology, breaking the traditional boundaries of this market.

I won't add a link as I don't want to spam that project, and like everything crypto, DYOR and don't invest what you can't afford to lose. Especially because the identities of the members of the teams behind such projects aren't disclosed until subsequent phases of funding.

Anyway, although I have never done it before, I don't think it is very difficult to invest in any commodities nowadays the traditional way, like you'd do with any other shares of companies or different assets.

[el kaka22]

And once again, the old fashion way of thinking survives. Oil is something we do use, hell in fact we use even more, but that doesn't mean that we will keep doing it. Why do you think you see those big swirly things all along the interstates? What do you think they do? They are just big fans to breeze the air? Or are they generating energy out of wind? Or what about some of the "techy" stuff you see on the roofs of some houses?

You think that's just the new Japanese roof trend? It's the solar panels, collecting energy from sun. We are using oil, but just like how Tesla got so high because we wanted EV, these energy companies in renewable sector will get a lot more in the future, and oil will be obsolete. Well not completely gone, we will still need it for some stuff, but not that much.

Aviation is the one to go, if we can figure out a way to fly a plane without any type of oil, even jet fuel, we could make it possible for energy sector to get rid of oil once and for all. The fact that we are so dependant on it at the moment makes nobody happy, we want something that's easier to get, and one city size solar panel could light up every part of USA, same goes for many other countries, so we just need to make the switch.

[avikz]

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.

There are multiple ways to do it if your country has a decent stock exchange. I will tell you what I can do from the perspective of my country.

1. But the shares of the oil companies. Especially those companies who own refineries. You can also buy stocks of the companies who does oil trading. But refinary owners will be best. This one for investment. Some companies in my country pays dividend for 5 times in a year. They are extremely profitable.
2. For trading, buy commodity derivatives. But derivatives come with a expiry date. So please understand the risk before you buy one.

As a retail investor, these two options are best. I don't think any crypto is available which is backed by crude oil. This business is Highly regulated so I don't think any option is available in crypto market.

[Zanab247]

Don't forget that crude oil investment requires a huge amount of money before you will be able to start the investment, and you need to have influencers in the country who will be giving you some vita information about the price in the market before you will be able to earn big profits from the investment. Why do you want to risk your money in such investment, when there are some estate investment, cars investment and transport investment where you can invest huge amount of money and within some years you will begin to earn big big profits that will reach you to start up another investment that will be adding profit to your profits.

If you have idea on crypto investment, you can embark on such investment because there are some crypto you will choose to invest and you will make what other people are making in crude oil investment and other investments.

[Coyster]

You can trade/invest in crude oil, but it is also risky because crude oil price is also volatile. You can trade/invest in crude oil through the futures market/exchange, you can also buy stocks of oil companies or you can buy oil EFF's, AFAIK, these are some of the best ways to invest in the crude oil market. That being said, if you don't have the knowledge to predict or track oil prices well, then maybe that market is not the best one for you to invest in, and you might lose money.

[Rruchi man]

If I want to go into conspiracy theories, I believe the money in the oil and gas sector is too much for the people who make that much from it to sit and watch their sector become irrelevant. Thats why I say it will take time. This is always why I believe third-world countries would be developed enough to afford electric vehicles. They don't even steady electricity supply, so how would they manage and electric vehicle? 

Have you ever heard of Stanley Meyer, who died mysteriously after claiming to have created a water-powered vehicle? That invention would have made oil irrelevant to the energy sector already.

Stanley Meyer was fifty-seven years old when he died unexpectedly at a restaurant in Franklin County, Ohio. Meyer claimed to have invented a water-powered car, which would have revolutionized auto mechanics and done a great deal in preventing the carbon footprint humans leave behind. However, his theory was never proven nor patented, as he died before he had the chance.

On March 21st, 1998, Stanley Meyer allegedly ordered cranberry juice as a dessert beverage while out to lunch, as he and those accompanying him wrapped up the meal. Yet, before they could finish, Meyer began to choke after the first sip, running out of the restaurant. He collapsed in the parking lot, and Meyer’s unsettling last words were, “They poisoned me.”

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I agree that the powerful individuals who profit from the sales of oil will not fold hands and let this investment just become obsolete, For that reason investment in oil can still be profitable.

[DeathAngel]

The best way to trade or invest in crude oil includes using futures contracts for direct exposure, ETFs for diversified investment or stocks of oil companies for indirect access. It's essential to analyse market trends, geopolitical factors & economic indicators. Keep informed on global oil supply & demand to make informed decisions. Always evaluate your investment goals & risk tolerance before entering the market.

[iBaba]

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.

Crude oil is one commodity that is still highly valued in the market today and many countries use it for different purposes not just for car industry purposes alone. In fact the car industry is just one aspect of many aspects that uses Crude oil. Crude oil is also refined into Jet fuel used for aeroplanes, private jets and fighter jets among other aircrafts. It is also refined into gasoline, diesel, petrochemicals used for fertilizers and synthetic plastics, lubricants used for machines and engines, asphalt used for road construction and roofing materials and so many more like in agriculture we have pesticides, herbicides, and insecticides.

If you look at the broad use of crude oil, you will agree that it's an highly valuable asset to invest in but it is also capital intensive and requires a lot of involvement from the government. For most people who go into such kind of investments, they must have gotten the backings of government in terms of securing readily available products for shipment, for others, they must have gotten companies who have the reputation of dealing with crude oils then invest in such companies. In all conditions, crude oil business is an highly luxurious and lucrative business but it is also extremely risky especially for someone who's new into the industry.

[goldkingcoiner]

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.

Are you sure now is the time to make an investment into crude oil? It seems to be phasing out and in maybe 50 years we might not need even half as much as we do now. Especially if we focus more on fusion/nuclear power and plastic alternatives.

Seems to be a risky long-term strategy, to me.

I have never heard of cryptocurrency backed by crude oil, though.

[glendall]

What about any crypto decent safe CRUDE OIL tokens?

crude oil tokens? just heard about it
I thought investing in crude oil wasn't with brokers or companies that sell their shares? (sorry if I'm wrong)
I thought oil would be made more difficult to use and everyone would switch to electricity and sunlight to better protect nature,