While most are frustrated with the long queues at petrol station forecourts to fill up, assuming one is found that has fuel, research has shown that there is money to be made during the shortage.

According to a report by ETP provider GraniteShares, investors are not banking on a swift resolution to the UK fuel crisis against a backdrop of continuing queues on forecourts and the Army being put on standby to help with deliveries.

Analysis of data on its 3-times long and 3-times short ETPs on BP, Royal Shell and Glencore shows investors are increasingly bullish on these stocks in expectation that prices will rise despite recent strong performance partly driven by the UK fuel crisis. Soaring natural gas prices and concerns over possible winter shortages have motivated a number of investors to position accordingly.

Figures for the past week show 3-times Long ETP for Royal Dutch Shell (3LRD) has seen the volume of funds traded rise by 19 percent in the past week while the volume traded in BP 3LBP is down by 14 percent and in Glencore 3LGL it is up 45 percent.

Will Rhind, founder and CEO at GraniteShares said: “The oil giants and Glencore have benefited recently from optimism about rising commodities prices and the UK fuel crisis. It would appear that investors don’t see an end to that any time soon and are positioning themselves for higher prices by holding the 3X Long ETPs.”