2024-04-09 18:46:28 ET
Summary
- Geopolitical risk, particularly involving Iran and Israel, could lead to a significant spike in oil prices and a risk-off period.
- The ProShares K-1 Free Crude Oil Strategy ETF offers investors exposure to oil futures without the complexities and tax implications of traditional trading.
- OILK's unique tax structure and investment strategy have been shown to yield higher returns compared to similar ETFs, but it may not closely track the spot price of crude oil.
With Oil performing so strongly recently, it's worth looking at some suitable options for getting access. And the catalyst is clear as to why. The major factor which, I think, is massively underappreciated is geopolitical risk. Should Iran escalate things with Israel, we could see a significant Oil spike and risk-off period. I think generally speaking, there is significant complacency on the equity side, and the oil side is clearly sensing something could be coming, in my view....
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OILK: Iran Risk And Global Demand Make This A Good Fund To Consider