Bearish on Oil? Here Are 3 Inverse Oil ETFs You Should Know About
The price of oil has been extremely volatile in recent years, with per-barrel crude prices climbing as high as triple digits and falling as low as the upper $20s in a short time frame. Many investors in energy stocks have gotten crushed by the plunge in crude since late 2015, and exploration and production companies are still struggling to adapt to less favorable conditions in the energy markets.
Yet investors who want to profit from oil's decline can turn to exchange-traded funds that specialize in providing inverse returns to movements in crude prices. By using one of the inverse oil ETFs listed below, you can see the value of your investment go up when oil falls -- as long as you're prepared to suffer losses when energy prices rebound.
Inverse Oil ETF
Source: Fool.com
