Cause for concern?

[Rosssco]

And just below the story of impending doom:

http://www.bbc.co.uk/news/business-30531829

[Mikie711]

And just below the story of impending doom:

http://www.bbc.co.uk/news/business-30531829

A more balanced view certainly.

[steve_weegie]

Oil wise, the US & Saudi's attempts to really f*ck Russia were always going to have knock on effects

Yep, I see this more as an attempt to destabilise the Putin regime, rather than any US / OPEC specific bun fight... The Americans are happy to drive the price low, because it meets their political goals.

[Sanjøy]

Dumb question, how do I go an buy £10k worth of US Crude?

[mxvx]

One way to invest in oil is to buy an Oil Exchange Traded Fund - you just need a regular brokerage account

[steve_weegie]

Dumb question, how do I go an buy £10k worth of US Crude?

Saxo Bank will let you do online CFD trading on this sort of stuff.

[graeme]

Dumb question, how do I go an buy £10k worth of US Crude?

You'd be cheaper keeping the wood burner, surely?

[mxvx]

Dumb question, how do I go an buy £10k worth of US Crude?

Saxo Bank will let you do online CFD trading on this sort of stuff.

Yeah
i'd rather gamble in the casino though!

[steve_weegie]

Yeah
i'd rather gamble in the casino though!

Gamble is a strong word... At 200:1 leverage and the ability to use a stock portfolio as collateral, what could possibly go wrong.

[Mikie711]

Steve's right, eventually you are going to double through. May take a year or 18mths but name a bank that will give you that sort of return. Defo worth a punt

[mxvx]

If that's the case, a few people should do quite well... I might try it for a small amount of money then kick myself if it does double in said timeframe (or less)

[Mikie711]

one fact you can't ignore is it is a finite resource and will eventually run out there for it will become more expensive. Unless someone launches an viable alternative fuel in the not to distant future that can also be turned into plastic etc.

[robin]

I am not convinced you can buy oil without (eventually) taking delivery of it (or selling it just before). I don't believe anybody will actually sell you one barrel of oil, and if they did, I doubt anyone would buy it back off you 18 months from now.

Cheers,
Robin

[Sanjøy]

Shirley the same is said of gold that is traded on the exchanges?

Off to ask a broker.

[mxvx]

http://etf.about.com/od/etfinvestingstr ... il_ETF.htm