Crude Oil Futures Quotes - CME Group
Here is a website page from the CME Group where you can view oil futures. As you can see, oil prices have been revised downward, and the price of oil is expected to remain low for quite some time. Therefore, it will be difficult to make any money on oil stocks. However, cheap oil should be good for transportation stocks and the economy. I am buying IYT, the transportation ETF, on Monday and I will probably add to my position on any significant downturns as long as the economy remains intact. IYT has gained 26% so far in 2014, and I expect continued gains going into 2015 and possibly 2016.
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