A small talk on Oil in 2022

Hello Mooers, welcome back!

In today small talk, we will be discussing about the various oil stocks & ETFs.

Mooers who are interested in trading oil, can trade various oil concepts stocks in $Futu Holdings Ltd(FUTU.US)$ MooMoo.

Some examples of oil concepts includes $Oil & Gas Drilling(BK2274.US)$ and $Oil & Gas E&P(BK2058.US)$ .

Inside the $Oil & Gas Drilling(BK2274.US)$ concept, it contains various oil & gas drilling stocks, such as $Patterson-UTI Energy(PTEN.US)$ and $Precision Drilling(PDS.US)$ . Their performance in the past 5 trading days (7 to 11 Feb 2022) shows that they are moving upwards.

As for $Oil & Gas E&P(BK2058.US)$ concept, it contains various oil & gas E&P (exploration and production) stocks, such as $Houston American Energy(HUSA.US)$ , $Gran Tierra Energy(GTE.US)$ and $Kosmos Energy(KOS.US)$ . Their performance in the past 5 trading days (7 to 11 Feb 2022) also shows that they are moving upwards.

Beside trading oil concepts stocks, Mooers can also invest in oil ETFs such as $United States Oil Fund LP(USO.US)$ and $United Sts Brent Oil Fd Lp Unit(BNO.US)$ .

Some Mooers who do not believe oil stocks is moving upwards can also trade in oil inverse ETF, such as $ProShares UltraShort Bloomberg Crude Oil ETF(SCO.US)$ .

In the picture below, I have pop $United States Oil Fund LP(USO.US)$ , $United Sts Brent Oil Fd Lp Unit(BNO.US)$ and $ProShares UltraShort Bloomberg Crude Oil ETF(SCO.US)$ into the $Futu Holdings Ltd(FUTU.US)$ MooMoo ‘stock compare’ feature, to give Mooers an overview of their price trends in the past 3 months and past 1 year. Notice that both $United States Oil Fund LP(USO.US)$ and $United Sts Brent Oil Fd Lp Unit(BNO.US)$ have very similar price trend, as their price trend overlap each other.

For more examples of ‘stock compare’ feature, simply click the links below!

Beside trading oil stocks and ETFs, Mooers are spolit for choice as they can also buy oil mutual funds (also known as unit trust) in $Futu Holdings Ltd(FUTU.US)$ MooMoo Money Plus section. Two examples of mutual funds that invest in oil stocks are: $BGF World Energy Fund(LU0122376428.MF)$ (USD) and $BGF World Energy Fund(LU0368265418.MF)$ (SGD).

Lastly, we can also trade oil stock options too! More information about trading stock options can be found in my post ‘Happy Lunar New Year 2022 and Huat to the Moon, or maybe Huat to the Mars too!’.

So, which one would you trade in H1 2022?