Crude oil is the commodity that greases all the wheels around the world. It keeps our manufacturing and other businesses running. It keeps the cars on the road and is found in numerous petroleum-based products. It’s not surprising that it is one of the most closely followed hard commodities, right next to gold. Naturally, crude oil is the focus of heavy speculation and is one of the first commodities to react to the threat of war, geopolitical turmoil and other potential supply disruptions whether it’s coming from the Middle East, deep drilling platforms in the Gulf or fracking wells in the middle of America. Don’t miss out on any of the great articles from your economic and natural resource experts.
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