‘Contango’ has become a buzzword of late. But Matt Weinschenk says you must be careful how you position yourself to profit in the oil market. The most popular oil sector ETFs (USO, OIL) actually suffer in today’s market conditions. Matt says the United States 12 Month Oil Fund (NYSE:USL) is a much better way of maximising the return on your oil investments.

Keith Fitz-Gerald says investors have the chance to profit from the contango phenomenon in oil markets. The implied higher future oil prices mean an opportunity to buy oil-related ETFs now at a bargain price. For a safer option, Keith picks two oil transportation companies that pay healthy dividends.

All last week I expected the bullion banks to pull the pin on both gold and silver because of options expiry yesterday.