You can also buy Oil shares in Oil EFT. There are many crude oil ETF that you can buy oil shares from if you wish
I think it is an ancient asset that may be extinct in the future. Many companies in the car industry have opted for a less carbon footprint and no more oil, so I’m not sure how much it could be shortly. They have covered many problems that cost money to stabilize or even raise the price.
I feel like this is something the wealthy businessmen who have products that rival oil have made the world believe. If you critically look at the world we live in today, I don't see how people can believe the world would move away from oil anytime soon. And I don't know how they were able to convince people that non-oil electronics are cheaper. Let's be for real. I agree that may be the future, but it's a very distant future, I'm talking centuries.
