Oil ETF's

Claymores Macroshare Oil Up Tradeable Shares (UCR):
This fund seeks to replicate the movement of crude oil(West Texas Intermediate) with the potential for income produced from short term U.S Treasuries or purchase agreements. This fund is tailored for investors that have a bullish stance on oil and want to take a long position.

Claymores Macroshares Oil Downtradeable Shares (DCR):
The fund seeks to replicate the inverse price movements associates with West Texas Intermediate crude oil with potential to obtain income from short term U.S Treasuries or repurchase agreements. This Oil ETF is for traders and investors who have a bearish stance on oil and want to benefit from the falling price of oil. They can also use this vehicle as a hedge.

The United States Oil Fund ETF (USO) is a pure play on oil that seeks to reflect the performance of the spot price of West Texas Intermediate light, sweet crude by taking investment positions in a combination of futures contracts and other oil interests.

You can also gain exposure to the oil services sector by investing in exchange traded funds that comprise companies that provide services to the oil industry. The Oil Holders Service Trust (OIH) invest in corporations that provide well and site management, drilling and ancillary products and services for the oil service industry. The constitute stocks are the largest and most liquid US companies traded in the oil services industry.

Sel Sector:Energy SPDR (XLE)

This Oil ETF provides an investment vehicle for traders and investors to gain exposure to a portfolio of securities as represented by the Energy Select Sector Index.

Top 10 Holdings include the following:

Exxon Mobil Corp: 21.29%
Chevron Corp: 13.09%
ConocoPhillips: 9.59%
Schlumberger Ltd: 5.52%
Occidental Petroleum Corp: 3.75%
Marathon Oil Corp: 3.19%
Valero Energy Corp: 3.02%
Devon Energy Corp: 2.79%
Halliburton Co: 2.73%
Transocean Inc: 2.70%