The oil man

Despite protests, oil prices are still rising - making investment very profitable

Ten years ago it would have been unthinkable to imagine oil might pass the $200/barrel mark. Yet with oil hovering around $135/barrel, investors are beginning to consider just that. Although some are forecasting a bubble in commodities, as the fortunate sector continues to prop up the market, it is hard to justify a significant correction, looking at the fundamentals. We are not witnessing a traditional boom-and-bust scenario. Supply/demand ratios and gathering panic among pessimists that we may see a global oil shortage within as little as five years, combine to nudge prices ever highe...