oil price

Anyone know of a stock or ETF which tracks the price of oil and not oil stocks?

Thanks

 

any ?

 

Monee:

Believe it or not responding to your post @ 4:15 is not everyone's priority.

A pure OIL ETF is being developed, according to various news sources. The problem is storage and delivery of a commodity.

Right now the closest you are going to get is IGE which is 75% OIL/OIL Services.

XLE is also an oil play, however mostly OIL companies.

 

try the OIH

that is pretty close too.

good luck

 

Ebo

I did see from morningstars site an Oil ETF is in the works to track the price of Brent crude.

Light crude oil e-mini was @ HOD @ 16:00 the others XLE and IGE were not.

Thanks for the response guess I'm just impatient today.

 

A Brent ETF started trading last month on the LSE:

http://www.londonstockexchange.com/...esources/Welcome+Stories/2005/280705brent.htm

And a couple more are in the works:

http://www.phlx.com/news/pr2005/05pr062205.htm

http://www.investmentadvisor.com/issues/mutual_fund_center/mutual_fund_center/5155-1.html

 

Thanks petrotrader !!

I must subscribe to the London stock exchange

 

CADJPY is a good proxy to the price of oil.

I currently have a CADUSD and CADJPY play. The correlation to oil is pretty much bang on IMHO.

 

I Can't Afford My Gasonline.

http://toccionline.kizash.com/films/1001/178/index.php

 

BPT