Dear Reader,
Global oil prices are on my mind today. The West Texas Intermediate(WTI) is already at 91.50. This is too low for me. Iraq, Syria, Ukraine/Russia are some of the global risks that could(should) drive the price of oil higher. In my opinion, a good way to profit from the pending upside, is by buying oil stocks, mainly production companies. Options on oil stocks is a nice way to magnify returns!
Disclaimer: This article is provided solely for informational purposes, and does not constitute an offer or solicitation to buy or sell any securities. The opinions expressed in the blogpost are the author's and they in no way express the opinion or official position of Bulgarian National Bank!
Conflicts of interest: I may possess some of the securities or currencies mentioned in the blogpost!
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