Analysis by Nobuo Tanaka of International Energy Agency. For the record I am long a large chuck of il through DXO (DXO). Other plays are US Oil Fund (USO) and the DB Oil Fund (DBO).
With Israel saying that Iran nor having a nuke trumps the health of the global economy, the geo-political risk of oil is at a level not even close to being realized by the current market price of it. A single act could cause a spike we have not sen in a long time.
Disclosure (“none” means no position):Long DXO, none
Visit the ValuePlays Bookstore for Great Investing Books