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How to buy the oil ETF?
Conclusion
- USO offers exposure to oil and is a good hedge against equity market volatility, dollar weakness, or inflation.
- USO holds WTI crude oil futures and not a direct physical asset.
- We prefer to use USO for short-term trading only.
Have you traded oil ETF before?
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The above personal opinion does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The past performance of the above securities is not indicative of the future performance of the securities. Please refer to the disclaimer statement.
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