Sorry, Barclays Here’s What You Got Wrong In Your Oil Forecast

by | published April 21st, 2018

The price of oil might just be the single most important number in the modern economy.

Not only does it determine how much it costs you to drive to work, to pick up your kids, or to go get groceries…

But as the fuel that powers almost all transport of goods worldwide, the more expensive oil is, the more everything in life costs – food, medicine, toys, you name it.

Of course, here in Oil & Energy Investor, we also concern ourselves with a third way in which the price of oil affects us – its consequences for energy investments.

For all these, and countless other, reasons, having an accurate picture of where oil prices will be in three, six, twelve months is invaluable.

So it’s no wonder that every investment bank, research outfit, and energy association out there puts out regular oil price forecasts.

But take a closer look at them, and you’ll quickly notice something isn’t quite right.

Here’s what I mean

Leaked Data Just Revealed One of the Most-Closely Held Energy Secrets in the World

by | published April 18th, 2018

Saudi Arabia may be the cornerstone of the global economy, pumping out more than 10 million barrels of oil every day, yet for decades, this cloistered nation has been holding on to one of the biggest secrets in global business…

The key metrics for the single-most valuable company in the world – Saudi Aramco.

What a lot of people don’t know is that Aramco actually began as part of the Standard Oil Company of California (Socal), the company owned by the original oil baron, John D. Rockefeller, when it signed an oil contract deal with Saudi Arabia in 1933.