Thinking about investing in oil amid rising prices? Good news: You don’t need to move to Texas and buy a well to start investing in oil. You don’t even need a lot of money. Oil stocks and mutual funds make it easy for beginners to invest in oil and oil-related investments — without having to relocate to the Lone Star State.
How to invest in oil
There are several ways to invest in oil, including investing in oil-related stocks, oil mutual funds and oil futures. To buy or sell oil investments, you’ll need to have a brokerage account.
Here are some of the more common ways to invest in oil.
Oil stocks
Oil stocks are shares of companies involved in the extraction and production of petroleum. You’ll want to research a company thoroughly…
