06-15-2009, 10:41 PM
| | Oil Sector Investment
Today the oil industry is the strongest as compared to the past 150 years. It is believed that by 2030, the worldwide consumption of oil and gas will exceed 115 million barrels per day. This is almost 30 million barrels more than what is consumed today.
Although the oil sector is volatile, this has not discouraged investors from making oil and gas investments
. This is owing to the great returns and other incentives. It is known facts that with the world driving towards more consumerism, the price and demand for the oil will never move down.
This makes the oil sector, a safe and relatively lucrative investment. However, every oil investment should be attempted with expert advice and not as a hobby. The expert advice can be provided by portfolio managers. The investors can also visit and learn about geographical characteristics of drill sites as well as seismic and structural features of oil industry sectors while considering potential investment.
Last edited by Darryl : 06-15-2009 at 10:52 PM.