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adammska

Betting on rising oil prices with COP

Long
ConocoPhillips (NYSE:COP)  
adammska  
NYSE:COP   ConocoPhillips
Crude Oil Brent
0
3
ukoil
Going long in COP as a hedge against my long position in USDRUB. Just like Russian currency COP is strongly correlated with Brent. It just bounced off a long-term support. This could become a major bottom.

7% dividend yield is a nice bonus :)

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