Richard Upshall has his fingers in various pies, the most significant of which is the oil industry. And while he admits his fair share of losses along the way, he’s now helped turn a number of people into millionaires.
The oil price established a new lower range last week, falling below $40 for the first time since 2008. We expect to see some improvement in the oil supply/demand balance as we move through 2016, but in the short term oversupply will persist.
The effect of the decline in the oil price is positive for some countries and markets have been reassured by the response of the authorities in others, such as Saudi Arabia. In this environment, the two keys to success are likely to continue to be security selection and geographical diversification.
It won’t have escaped your attention that markets recently have got themselves into the glass is half empty mood. Everything is for the worst and we are in the worst of all possible worlds. I beg to differ. Actually when you look beyond the current pain there are all kinds of good things going on, so let’s take a look.
Sheffield-born Robert Gavin has been in the spotlight recently due to the success of his US-based company, North Dakota Developments LLC. From his early years in a pit village in Yorkshire, Gavin has risen to leading a dynamic property development company in the US, with impressive results.
Oil and gas companies are ‘borderline irresponsible’ in treatment of their data, according to Molten research.