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The fall in oil prices (-40% in June 2014) in the stock market disappears these days from the headlines. British Petroleum currently has the lowest price/earnings ratio in the industry with only a factor of 7. If we focus not only on stocks, but in speculate portfolio mix with oil, gold or...
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OPEC countries represent about 35% of the total global oil production and 80% of the proven oil reserves. Although the importance of OPEC has been decreasing since the first oil shock of 1973-74, it is still the most important organisation in the market of oil, which nowadays depends on supply...
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