Wt Wti Crude O Discussion Threads

[escapetohome] 27/4/2020 16:46

Very interesting.

As per article, poor riser during bullish times, very much lagging rise.

But very good faller in bear times, leading the fall.(in my opinion)

I was tempted here, but ill be giving it a wide berth.

[hugepants] 27/4/2020 14:09

Recent article on CRUD. Worth reading before considering a purchase of this instrument.

[11_percent] 24/4/2020 15:12

Hi guys,

Does anyone know of oil ETFs, for both WTI and Brent, which leveraged, 2x, 3x.

Both long and short.

The Wisdomtree ETFs I was using have been cancelled.

[cyberbub] 21/4/2020 15:24

I don't quite understand why the UK ETF is 2.44 but the original US ETF is 2.2, surely they should be the other way round with the exchange rate?

[cyberbub] 21/4/2020 15:11

Is this leveraged in any way?

[emmarg] 21/4/2020 09:00

yes, it mirrors the Bloomberg oil price tracker in dollars. the CRUD etf is then converted to sterling. So currently around 2.6 dollars which is approx. £2.10 sterling. it doesnt pay any dividend and fees are approx. 1% to hold.
Short term there has been a collapse due to oversupply and lack of demand and consequently storage issues. I consider it a buy at these collapsed levels. if you can tuck some away for the future when things (will) normalise. I think you will be well rewarded.

[hugepants] 20/4/2020 20:44

Very little chat on this. Is this a good instrument to gain exposure to the oil price or not? tia

[emmarg] 18/4/2020 19:26

the oil price has not been at this level for many a year, 18 years in fact. Yes there are massive oversupply and demand issues and it may go lower but on a 3 - 5 year basis I cannot see how you could lose out on this at these bargain levels. Unless the Earth grinds to a full halt for the next 3 years I cannot see how this will not revert to the mean average price at the bare minimum, in which case you would double your money.. I have tucked 3k away in my SIPP at these prices and will buy in £1k tranches if it goes lower. These kind of buying opportunities are few and far between in an investors lifetime, and I believe we are firmly in the capitulation phase with the CRUD price

[yobstol] 30/3/2020 15:06

Is this a good investment for a long term play ?

[skyship] 07/3/2020 10:33

Oil down 8% yesterday - a pretty serious one-day fall...

[cashflo] 25/11/2018 21:40

Does this track better than oilb?

[norland1] 27/9/2017 19:22

Great care required when investing in this ETFS. Bought some of these yesterday with a stop loss of 10%. The price of this stock has in fact gone up today but HL sold my shares as a result of my stop loss and as a result of 'gaping out'??. With the price of the stock not going down or the price of oil,the explanation by the broker seems double Dutch to me.

Lesson - don't invest in anything unless you understand fully the implications. My ETFS Gold is being sold first thing tomorrow morning.

[leeshindig] 28/2/2016 20:57

yes 3LOIis oil in gbp

[petercrosby] 28/2/2016 18:28

Is there an etf/etc that is priced in £?

[alanrussell] 28/2/2016 17:53

The price you see is $, so yes, currency risk also small fee on buying/selling if your trading account is £.

[eurofox] 28/2/2016 17:21

as a possible new-comer to oil, is the performance of LSE:CRUD based on oil priced in $ or £, since the currencies themselves may be in some flux?

[praipus] 26/1/2016 17:43

The Coppock indicator says the bad news is out of the way hop on for the up.

Curious market though the Chinese SSE was down 6.4% at the close yet UK and US rising even though China was the cause of all the trouble last week:)

I track all the commod ETF's here:

[alanrussell] 26/1/2016 08:34

Lack of comment here. A rebound in the oil price must be the most obvious game in town but timing,as ever, is the isue. At $30 the producers must be hurting so much that action is inevitable but can they get it together? Perhaps one more leg down and then it's time to buy.

[hectorp] 05/5/2015 18:12

in January crude was still around $54, so I was not too far out, its only up $6. I never thought crude would fall below $50 , and at some time in the next year it will go back to around $70 -75. But, read on, because...
there are so many dynamics in all this, political, US fracccing market etc.
So- we will see in a few months where we are.
If the Saudis start to make special arrangements with China to offtake oil instead of to the West, a fact, I believe, not an idea, then of course we will one day in the next 18 months see $120 plus crude price in the West.
This would drive the economies back into recession.

[gucci] 23/4/2015 15:25

poised for a breakout here imo

[gucci] 07/4/2015 23:14

Good looking chart

[binladin] 16/1/2015 14:43

MOSCOW: Russian oil company Lukoil on Friday predicted that oil prices, which have more than halved since June last year, could plunge as low as $25 per barrel.

[binladin] 13/1/2015 08:42

oil has fallen 66% this does not yet reflect that fall further to go lower..........

[hectorp] 07/1/2015 17:57

Agree and that is going to take severl more months or longer.
Yet OPEC is squuezed to the pips, eg Venezuela, it will break ranks
indeed the end of old OPEC could occur. Saudi's power will become manifest as it has at present.
I dont see a rise in crude price before June ( markets MAY anticipate it however) where is the bottom? it can drift for some time yet so maybe as low as $40 before the bounce back to the $60's later.