investing in oil
When to Buy Oil Stocks
Oil prices have been on a five month slide. Nymex crude hit $64.74 which is the lowest in five years. The last time oil was priced this low was the depth of the great recession. The US oil fracking boom is partly to blame as there is glut of oil in North America. But, in […]
Investing in Oil
As oil in developed countries such as the United States and Canada became harder to find and less profitable, oil companies moved offshore, to Alaska and to the Third World. Investing in oil has been subject to the risk of nationalization across the globe. In general it has become harder to make money in oil. […]