Quote:
Originally Posted by kektex
OK, how can I buy oil?
Can I buy oil like I can buy stocks or gold?
If the banks are doing it right now we should all be buying oil futures!
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When you buy oil futures you have a set amount of time where you either thave to sell that future or take delivery of the oil.
The banks have resorted to taking delivery that way they can buy cheap and hold onto it long enoughy to make a big profit.