I just reviewed an analysis on how to invest in oil now that prices are quite volatile. The thing is, the current blockade affects about 20% of the global supply, so there are interesting movements every day.

What caught my attention is that there are several ways to get into this without needing to buy physical barrels. You can go for CFDs if you want quick moves, or ETFs if you prefer something more stable. Futures are also available, but those are for people with more experience.

Regarding platforms, after doing some research, it seems there are options for all profiles. If you're just starting out, Mitrade has fairly tight spreads and you can begin with little capital. eToro is good if you like to see what other traders are doing and copy their moves. Interactive Brokers is more for those who already know what they’re doing and want access to real futures.

The interesting part is that investing in oil isn’t just betting on fuel. It’s a hedge against inflation because oil is in almost everything: plastics, fertilizers, transportation. When crude oil rises, prices of almost everything go up. That’s why many large funds always have exposure to the sector.

If the blockade is resolved quickly, Brent could fall below $90. But if it prolongs, the risk premium will stay high. The EIA projects that in April, the production loss will reach 9.1 million barrels per day, so there’s volatility to stay.

Personally, I think now is a good time to review how to invest in oil if your portfolio needs diversification. The question is which platform best fits your style: do you want something simple or more advanced tools? It really depends on whether you’re a beginner or already have trading experience.