Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

I have around 60K $. Thinking about investing in Oil, how to proceed?
If you've decided to ignore the sound advice re: oil company stocks, and you want something directly linked to the price of oil, do the following: Understand that oil producers would like avoid the risk of a price drop, and oil consumers (refiners, electric utilities, etc.) would like to avoid the risk of a price rise. Understand that you are about to assume their risk.