I'm not talking about right now, though. At some point I'm going to want to go long on oil, and I'm curious which is the best vehicle for a casual investor.
Just off the last year, USO:US seems to correlate well with oil. I haven't looked closely to see if that is the case longer term. But if there comes a point when I want to go long, I'm curious what my best options are.
I've been sitting mostly in utilities and pipelines over the last few years, but with interest rates set to rise I'm thinking it's probably looking like time to get out. Oil might be where I want to move to.
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