Oil and oil stocks are crashing as Russia and Saudi Arabia squabble. Russia’s motivation is clearly retaliation against U.S. shale over recent sanctions on Russia. Investors should not expect a quick or deep recovery for most oil stocks. Oil on the other hand holds some promise. Access with membership or a Free Library Card.
The Peak Oil Plateau is arriving earlier than expected. Investors need to prepare for the risks and opportunities. Read this piece with a Free Library Card or any membership.