how can i buy oil? / profit from rising oil prices?

[mkjuk]

I know i can buy shares in those oil companies who's share price is most highly correlated to the price of oil but is there any affordable way for a joe bloggs like me to buy a contract of ownership for say 15 barrels of oil?

[Buenchico]

To make a profit from rising oil prices (other than through conventional share trading) you'll probably need to dip your toe into the options or futures markets. Firms such as ODL Securities (below) provide a broking service for small investors but I'd recommend doing a great deal of research into the way these markets work before committing any finance to your idea.

http://www.odlsecurities.com/products/Eminis-online-Futu res-Derivatives-Trading.htm

Chris