Ever since rises above US$50, I've been bullish about oil. I had been telling my friends and readers to buy the winners and avoid the victims.
The obvious winners of high oil price are the oil rig suppliers and oil services companies. And the obvious victims are the airlines and plastic companies.
To tap on rising oil price, you can also buy super mini oil futures contract, see here. Choose Standard account in account opening, Mini account can only be used for trading mini forex.
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