How to get some oil exposure into my portfolio?
How to get some oil exposure into my portfolio?
Author
Discussion

Phooey

Original Poster:

13,882 posts

199 months

Friday 26th February 2021
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Recently oil has been mentioned of possibly reaching $100. So, If someone was wanting to put some oil into their portfolio, what would you buy? Cheers smile

vulture1

13,778 posts

209 months

Friday 26th February 2021
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The usual big oil companies? Shell BP Exxon Mobile, Total. A smaller one i'm in DGOC. or a pure oil etf?

Mr Overheads

2,635 posts

206 months

Friday 26th February 2021
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DGOC
SPOG
US Oil Fund

Edited by Mr Overheads on Friday 26th February 16:01

abzmike

12,085 posts

136 months

Friday 26th February 2021
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Do you really want that much volatility in your portfolio?
As the price rises, producers will be tempted to cash in - It could get very bouncy.

Phooey

Original Poster:

13,882 posts

199 months

Friday 26th February 2021
quotequote all
A few good options above, thanks for replies. re exposure and volatility - I take your point but I do think the argument for oil increasing in price is a good one.. at the moment. Who knows smile

PM3

1,234 posts

90 months

Friday 26th February 2021
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SLB ( Schlumberger ) well managed market leader in oil services historically they look way under priced and if anyone does recover ..they are always in poll position.
I have no connection to SLB , but worked of one of their chief competitors for many years ...and have followed and always admired their hard nosed sense of business.

coetzeeh

2,893 posts

266 months

Saturday 27th February 2021
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With prices at $65 we are already seeing US production starting to ramp up after the rout of 2020. Production at 11m bpd is 2m short of the peak. Expect production to increase and prices to come down. The global economy can’t sustain $100. IMHO.