Your Second Chance to Invest in Oil
Your Second Chance to Invest in Oil There's a reason why oil is called black gold. Like bullion, it's difficult to find in large quantities, hard to get out of the ground, and - relative to all the people who want or need it - there never seems to be enough to go around. There's one key difference though: Bullion can be sliced, diced, melted, cooled and reused again. Oil? We just keep burning more of the stuff every day. All of which means - given the fearful headlines about a new "bear market in oil" - this is a second chance to buy into petroleum stocks or the commodity itself... and be well rewarded. Oil's Zigs and Zags In case we've all forgotten, oil basically doubled in price - climbing to $51 a barrel - in just four months' time earlier this year. Did we think further advances were going to come without a pullback (or three)? The oil market is justifiably famous for its volatility, especially when rocketing out of its periodic bear-market cycl...