How to buy oil?

Chronos-Plutus said:

Hey mate,

OOO tracks the S&P GSCI Crude Oil Index Excess Return which tracks the WTI futures.

View attachment 103701

https://www.betashares.com.au/files/collateral/pds/QAG-OOO-QCB-pds.pdf

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Thanks mate I'll take a look

Been following closely.
I purchased $10,000 of the OOO ETF on the ASX @ 2.90 (as mentioned previously in the thread).
I had bought an additional $5,000 @ 2.93, but later decided I didn't want this much exposure, and sold it at 3.53

Now it's around 3.85 and should continue up on Monday following the WTI performance Friday night.

Watched closely and saw the super contango disappear.

With WTI at 39.55, I'm expecting some consolidation from here.

Will continue to monitor closely.