Oil and Gas
Investments in Cryptocurrencies
The oil and gas industry is one of the largest sectors in the world in terms of dollar value, generating an estimated $3.3 trillion in revenue annually. Oil is crucial to the global economic framework, especially for its largest producers: the United States, Saudi Arabia, Russia, Canada and China.
Investors looking to enter the oil and gas industry can quickly be overwhelmed by the complex jargon and unique metrics used throughout the sector.
Upstream businesses consist of
companies involved in the exploration and
production of oil and gas. These are the
firms that search the world for reservoirs
of the raw materials and then drill to
extract that material. These companies are
often known as "E&P" for "exploration and
Downstream businesses are the
refineries. These are the companies
responsible for removing impurities and
converting the oil and gas to products for
the general public, such as gasoline, jet
fuel, heating oil, and asphalt.
Investors can diversify their investment
portfolios. Get in touch with us