Tag Archives : oil

Where the oil price is headed and why investors shouldn’t care 5

The price of oil has been in a downward spiral over the past 12 month going from $115 to $37. These drop of over 67% took many if not all investors by surprise. No one at the beginning of 2014 could have predicted what the oil price would be today. Oil is a cyclical commodity by its nature. When the price of oil is low, like it is at the moment, people are quick to tell you that oil is abundant and new techniques like fracking are able to tap new ever growing reserves of oil. On the other hand, when oil prices are high, those same people will point […]