Oil ETF

laffer

Can anyone recommend a way to get access to an Oil ETF as I would like to short Oil. Also can anyone recommend a good currency trader? Do CMC Markets only do spread betting?

purch

ETF Securities have a short Crude Oil ETC contract, that tracks the Dow Jones-UBS Crude Oil Index.

http://www.etfsecurities.com/csl/short/etfs_crude_oil_sh.asp

...they also have short Petroleum, Gasoline, Heating Oil & Natural Gas ETC's, but they don't have a short ETC for Brent Crude or West Texas.

mr_fishbulb

How much do you think it will drop? It's been slowly creeping up all year and aome areas are already out of recession.

sabretoothtigger

Why should it drop other then it has previously risen?