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Oil Trade

Currently, commodities are trading lower and now is the time to start picking up shares of companies that will benefit from this downturn.  There are a lot of fears as commodoties traded at their lowest levels in the past 7 months; specifically oil and metals trekked lower due to Europe's debt crisis.  In an interview with the FT, Kevin Norrish, a commodities analyst at Barclays Capital, stated "“The irony is that commodities fundamentals are looking more supportive today than at the beginning of the year.”  So now is a good time to start looking for beneficial commodity trades! Personally, I like BP, WFT to benefit when the tides turn.


Disclosure: WFT