ETFS |
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Brad Zigler |
Oil funds have been on a tear so far this year. But as long as the U.S. keeps producing prodigious supplies of crude to keep up with higher demand, contango, where longer-term futures contracts are priced higher than the nearby spot price of oil, is likely to dampen those returns and even reverse them if the price of oil falls; long-term oil investors can consider ETFs that lessen that forward-roll risk. FULL ARTICLE |