Best Way - To Buy Oil Stocks

If you want to avoid the volatility of oil prices, look at Master Limited Partnerships (MLPs) that own pipelines and storage tanks.

: The VanEck Oil Services ETF (OIH) focuses on the companies that provide the equipment and technology for drilling. 2. Individual "Supermajor" Stocks (Best for Income) best way to buy oil stocks

: Look for funds like the Energy Select Sector SPDR Fund (XLE) or Vanguard Energy ETF (VDE) . If you want to avoid the volatility of

Instead of picking one winner, you buy a basket of dozens of energy companies. This lowers the risk of a single company’s failure ruining your portfolio. Individual "Supermajor" Stocks (Best for Income) : Look

: The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) targets smaller, more aggressive drillers.

and BP (BP) : These European majors are balancing traditional oil with aggressive moves into renewable energy. 3. Midstream & MLPs (Best for Stability)