InvestorsHub Logo
Followers 5
Posts 280
Boards Moderated 0
Alias Born 09/16/2014

Re: Traderfan post# 16504

Tuesday, 01/12/2016 2:48:02 PM

Tuesday, January 12, 2016 2:48:02 PM

Post# of 114148
If you buy oil on the spot market you have to move it and store it somewhere (or pay someone else to do it). I believe the prices are correct. At current prices you would need a commercial tank truck and similarly sized storage vessel to make only a $5k-10k investment.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.