2. At present, the price of petroleum fund is relatively large and its scale has increased. However, they are mainly affected by international oil prices, but it is unlikely that international oil prices will rise on a large scale.
3. Because the global demand for oil has not really risen sharply, it also means that the rise in oil prices is unsustainable, demand and supply are mutual, demand is not enough, and the market will not have strong support.
4. Secondly, there is another reason for the large-scale rise in oil prices, because all OPEC countries have reduced production to a certain extent, but if this reduction lasts for a long time, it will be very unfavorable to the development of the country, so it is only a short-term reduction in production. The extreme weather in the United States has reduced the supply of shale oil in the United States, which is the main reason for the increase in crude oil prices.
In other words, the big bull market of oil and oil funds is hard to come, but there is still a lot of room for growth in a short time. The bull market that takes advantage of the market will be maintained at least when the supply is fully restored. From this perspective, oil funds may still have some room for growth, and band operation can be selected to avoid some risks.
The main differences between investing in crude oil and investing in crude oil funds are:
1, the investment cycle is different: investing in spot crude oil is quick to realize, investing in crude oil fund has a long cycle and poor liquidity;
2. Different returns: investment in crude oil has high returns, flexible operation and low returns;
3. Different risks: the risk of investing in crude oil is higher than that of investing in crude oil funds.