If you have been wondering as to how to invest/bet on oil and make your gains, there's going to be a way out.
Benchmark AMC has filed a draft with SEBI for OIL Bees ,an ETF similar to Gold ETF.
I think there should be a lot of takers for this fund at least as a hedge for equity investments. Good or Bad, I think we may be getting into a lot of ETF's like Silver and other stuff in the future.
If you have a demat account and willing to invest in oil , wait for the word go from SEBI for OIL Bees. Once you invest in this, soaring oil price may be a good news to you!!!