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Storing oil isn't free (and by extension, neither is rolling over futures positions indefinitely).
by aianus 11y ago
Storing oil isn't free (and by extension, neither is rolling over futures positions indefinitely).
- frandroid 11y agoStoring oil shares is free though.
- ci5er 11y agoYou mean ETFs? If not, what is an "oil share"? Futures contracts have maturity dates. At the end you sell them (at a price you might not like), roll them over (not free or even necessarily cheap) or take delivery on the oil (also usually not cheap, depending on your facilities).