How to Join the Oil Rush ; Investment Extra

Daily MailOctober 23, 2004

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Summary


IS IT too late to jump aboard the energy bandwagon that has pushed oil prices to a heady $55 a barrel? Many of those who remember 1998, when they were below $10, think this is a bubble which will soon burst.

Perhaps not. Demand is racing away, led by the Chinese economy which is growing at a rampant 9.1pc. China has only a few days' oil supplies. What if it decides prices could keep on rising and starts to stock up?

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How to Join the Oil Rush ; Investment Extra

Prices above $50 will bring fresh supplies on the market some day.

New fields take three to five years to develop.

Robin Batchelor and Poppy ...

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