Oil at rock bottom: Is your portfolio at risk?
Among individual oil producers, the biggest on the market is Royal Dutch Shell, and its share price has unsurprisingly performed terribly in the last year. The shares have fallen 36 per cent since last August…
by Annabelle Williams: 26 August 2015
Shares in energy companies have plummeted – should investors be buying?
OIL PRICES have fallen to their lowest levels since the financial crisis. The price of Brent crude went down to $42 a barrel earlier this week, before recovering a little.
The news is shocking because, when oil prices were first slashed from over $100 a barrel to around $50 last June – due to the fact that there is so much being pumped out of the ground and not enough industrial demand in the world to use it all – people thought it would be temporary.
The TRUTH will set you FREE.
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