Due to the current geopolitical issues, Oil is in the news alot lately.
But oil has always been a confusing topic to me. I dont understand its economical correlation. as well as its financial correlation.
in addition, theres alot of companies that are under the tag “oil” but they are all different.
i was wondering where can i go to get a better understanding of all this?
for example
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“Oil price is going up”. where do i go to see its value?
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various company stocks are going up, yet some other oil companys are stagnant. i.e. BP, and WTI.
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what are the differences between all these companies?
etc etc.
in addition, theres so many acronyms
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