No, Oil and Gas ETFs have a lot of time decay. UNG is the ETF for gas and has been a loser for years, maybe it's a good contrarian play but risky risky...
Oil is the most rigged market in the world, you need balls of steel to trade or invest in that.
If you're interested in the sector I would suggest the following:
Services ETF: OIH
Energy ETF: XLE
Particular stocks: SLB, RIG, HFC, APA, APC, PBR(Brazilian), EC(Colombian)
Refiners: HFC, WNR, CVI
Stay away from european stocks like TOT, could be good long term but with all the european issues it's crazy.
If you want to play a country try the Russia ETF, ERUS
Oil is the most rigged market in the world, you need balls of steel to trade or invest in that.
If you're interested in the sector I would suggest the following:
Services ETF: OIH
Energy ETF: XLE
Particular stocks: SLB, RIG, HFC, APA, APC, PBR(Brazilian), EC(Colombian)
Refiners: HFC, WNR, CVI
Stay away from european stocks like TOT, could be good long term but with all the european issues it's crazy.
If you want to play a country try the Russia ETF, ERUS