Russia and Saudi Arabia’s oil price war rages on. Both countries continue to produce oil, increasing the world’s supply–so much so that that world is having trouble storing it. And the longer this war rages, American oil producers’ situation worsens on the heels of United States’ recent coronation as the world’s top oil producer. The […]
The Wall Street Journal recently reported in the article, The Oil Crash is Hitting this Investment Hard, “the plunge in crude-oil prices is sending shock waves through closed-end funds tracking the energy sector, highlighting how the market turmoil is hitting products popular with ordinary investors seeking to boost returns during the long bull market.” Goldman […]
