Canada’s oil sands is the third-largest deposit of oil on earth with more than 170 billion barrels of recoverable oil and potential resources of up to 1.8 trillion barrels. The reserves are concentrated in the province of Alberta in 3 major deposits: Athabasca, Cold Lake and Peace River with the Athabasca region holding over 80… [Read More]
Leveraged ETFs: Double Oil Stock ETF for Trading Oil & Gas Stocks
Proshares provides 2 leveraged Oil & Gas Stock ETFs giving you a 2x long and short exposure to the Dow Jones Oil & Gas Index. The index is about 75% weighted to Oil and Gas Producers and 25% weighted to oil equipment, Services and Distribution. Both funds were introduced in January of 2007; they are… [Read More]
Leveraged ETFs: Turbo Charged Trading with a 3x Oil Stock ETF
When a double oil stock ETF is not enough, you can always move up to a triple leveraged oil stock ETF. At this point, you better know what you’re doing. While trading leveraged ETFs can be very rewarding, you need to understand the risks associated with using leverage. These 3x ETFs are not fit for… [Read More]
Global Energy ETF for Exposure to International Oil and Gas Stocks
Investors often seek to geographically diversify their energy investments and this makes sense in light of the current commodity prices. Brent oil is fetching a premium to WTI and natural gas is easily trading at a double per mcf all over the world compared to North America. Luckily, there are a host of global energy… [Read More]
Best Oil Stock ETF for Investing in Oil
Oil Stock ETFs provide you with a wide exposure to the whole energy sector since they are designed to track the performance of a benchmark index composed of stocks of companies engaged in oil & gas production and exploration to refining and distribution. Oil Stock ETFs are great building blocks for your portfolio as they… [Read More]