During the late 1990's the oil world seemed to be destined for oblivion. In early 1999, the Economist predicted 5 dollar oil, declared the industry dead, and oil traders were commonly expected to end up like dinosaurs: extinct.
Since that date, you would be hard pressed to think of an asset that has triggered as much excitment, provoked as much rumour mongering or garnered as much media interest as the price of oil.
It is so volatile, you would be forgiven for asking: "Why should i bother investing?" Here is why we think you should: