Hot Oil Service Companies To Buy Right Now

Hot Oil Service Companies To Buy Right Now: United States Brent Oil Fund LP (BNO)

United States Brent Oil Fund, LP (USBO) is a commodity pool. USBO is focused on issuing units that may be purchased and sold on the NYSE Arca, Inc. The investment objective of USBO is for the daily changes in percentage terms of its units per unit net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of Brent crude oil, as measured by the daily changes in the price of the futures contract for Brent crude oil traded on the ICE Futures Exchange (the ICE Futures).

The investment portfolio of USBO will consist primarily of investments in futures contracts for crude oil, heating oil, gasoline, natural gas and other petroleum-based fuels that are traded on the ICE Futures, New York Mercantile Exchange (the NYMEX) or other United States and foreign exchanges (collectively, Futures Contracts). USBO may also take positions in other crude oil-related investments, such as cash-settled options on Futures Contracts, forward contracts f or oil, cleared swap contracts and non-exchange traded (over-the-counter) transactions that are based on the price of crude oil, other petroleum-based fuels, Futures Contracts and indices based on the foregoing (collectively, Other Crude Oil-Related Investments).

Advisors' Opinion:

• [By David Fabian]

  Oil prices were once again in the spotlight for another round of heavy losses. The United States Brent Oil Fund, LP (NYSE: BNO) lost nearly 11 percent this week as this widely traded commodity fell to new 52-week lows. BNO tracks near-month Brent crude oil futures contracts traded on the ICE Futures Exchange.

• [By Dan Caplinger]

  How to invest
  If those trends persist, then it could eventually solve the problem that United States Oil Fund has had in underperforming the spot price of crude. Given Brent's stronger backwardation trend, United States Brent Oil Fund (NYSEMKT: BNO  ) m! ight be the better oil ETF to choose.

• [By Paul Ausick]

  The United States Brent Oil ETF (NYSEMKT: BNO) is up less than 0.1%, at $44.38 in a 52-week range of $36.88 to $45.05. The annual high was also set today.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/hot-oil-service-companies-to-buy-right-now.html