Oil is more than just a fuel that we use for transport and heating. It actually plays a big role in the global economy and is also used in the production of many other products such as plastics and paints. Chris Iggo, Chief Investment Officer for Core Investments at AXA IM, explains some of the key facts about the oil industry: what the history of OPEC is and which countries are known to have the highest reserves of oil, what can impact the price of oil and some of the different ways people can choose to invest in oil.
If you enjoyed this educational video why not try the others in this series:
Financial Markets Explained with Chris Iggo | What is the stock market? - [ Ссылка ]
Fixed Income Explained by Chris Iggo | How do bond markets work? - [ Ссылка ]
Equity Investing Explained with Chris Iggo | What are stocks and shares? - [ Ссылка ]
Commodities Investing Explained with Chris Iggo | What does it mean to invest in commodities? - [ Ссылка ]
Property Investing Explained with Chris Iggo | What is Real Estate Investing? - [ Ссылка ]
The Gold Market Explained with Chris Iggo | What does it mean to invest in gold? - [ Ссылка ]
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