What’s an investor to do? Predictions are only guesses, not gospel; instead, put in place a simple buy and sell strategy. One we use is trend following, which helps position you for potential long-term uptrends. The stop loss helps protect you on the downside.
Futures-based commodity ETFs such as United States Gasoline (NYSEArca: UGA) and United States Oil Fund (NYSEArca: USO) can help give you direct exposure to the futures price.
If that’s too much direct exposure, consider a broader commodity ETF such as PowerShares DB Commodity Index (NYSEArca: DBC), which is 55% energy.
Lastly, if you’d rather not get into futures contracts, check out equity commodity funds, such as SPDR S&P Oil & Gas Exploration & Production (NYSEArca: XOP), which holds the stock of oil exploration companies, refineries and retailers.
Tisha Guerrero contributed to this article.