Oil ETFs Worth Remembering
Back to the topic of ETFs… Its easy to find information on the large energy companies, but what about those smaller companies that don’t get as much publicity? Those are the ETFs that you really want to hear about. Luckily, Jared Cummans came up with a few great oil ETF picks. Check ‘em out…
"United States Brent Oil Fund (BNO)
Brent oil, while still considered light sweet crude, is not quite as light as WTI, and is also considered a lower grade. Because of this, WTI often trades at a premium to Brent, though this gap has slowly evaporated as oil has been very volatile as of late. Brent is most often extracted and consumed in Northern Europe, and it gives traders a different way to play crude. Many investors believe that Brent actually offers a better global benchmark for oil, as it is rapidly gaining ground on WTI on the world stage. Brent is also the most obvious alternative to WTI as it is already used as the primary benchmark in major oil producing regions in the Middle East and North Africa including those in Saudi Arabia and West Africa."
Find the additional research and Oil ETFs here: http://seekingalpha.com/article/269334-3-forgotten-etfs-that-play-the-oil-sector