NEGATIVE OIL: What it means? Should You Buy? (USO DBO XLE VDE)

In this video, The Young Investor Guy talks about the oil market crash and negative oil. Is it a good time to start considering oil as an investment long term and long term hold? The WTI Crude Futures Contract (Oil Futures) for the month of May has gone negative. Are oil stocks good to buy now? Which oil should I invest in? We first talk about what a futures contract is, and why buyers and sellers want to set up a fixed price for oil. We also review the supply and demand for oil in the current situation and how things are looking in June and July for oil. Is contango in play here? We also check the oil ETFs USO DBO XLE VDE and see which oil ETFs are good options. We also see if Exxon (XOM) and Chevron (CVX) oil stocks are good plays.

#OILSTOCKS #OILCRASH #NEGATIVEOIL
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DISCLAIMER: I'm not a Financial Advisor, and this video is just my opinion.
Please due your own diligence invest at your own discretion.

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Видео NEGATIVE OIL: What it means? Should You Buy? (USO DBO XLE VDE) канала The Young Investor Guy