Categories
Oil

What are the current top 5 oil stock to invest?

Oil Stock Dividend Yield Type of Oil Stock

Anadarko Petroleum (NYSE:APC)

2.4%

Oil producer

Enbridge (NYSE:ENB)

6.1%

Oil pipeline company

Occidental Petroleum (NYSE:OXY)

4.3%

Oil producer

Phillips 66 (NYSE:PSX)

3.4%

Oil refiner and pipeline company

Plains All American Pipeline (NYSE:PAA)

5.5%

Oil pipeline company

Categories
Gold Oil

Gold vs. Oil

According to an article by mining.com, Gold and oil usually rise and fall in tandem. Conventional wisdom is that rising oil prices push up inflation increasing demand for gold as a hedge. Since 1970 the average ratio – how many barrels of oil can be bought with one ounce of gold – is around 15. … At the time both crude and gold were becoming more expensive.

Categories
Oil

The most expensive crude oil?

The Pyrenees crude has a gravity of 19.3 API with 0.19 percent sulfur content, according to the latest crude assays seen by Platts. Considering that Brent Crude is around US$65 a barrel, the US$30-plus premium over Dated Brent means that the cargo sold for nearly US$100 a barrel

Categories
Oil

What are Oil?

According to the internet Wikipedia (Encyclopedia): An oil is any nonpolar chemical substance that is a viscous liquid at ambient temperatures and is both hydrophobic and lipophilic. Oils have a high carbon and hydrogen content and are usually flammable and surface active.

Another definition of Oil for today: Oil: lifeblood of the industrialised nations Oil has become the world’s most important source of energy since the mid-1950s. Its products underpin modern society, mainly supplying energy to power industry, heat homes and provide fuel for vehicles and aeroplanes to carry goods and people all over the world. read more