The Story of Oil - a video from CME Group
On CIMB's website, there is a link to an educational website known as "Futures Fundamentals", run by CME Group. While I may not know much about the group, I found that this video, "The Story of Oil", is quite good. It comes from an article, "Gas Prices Explained." Aside from this nice video about oil, there's also a cool infographic about how oil prices are affected. It deals with the different stages of oil production, namely: Extraction Transportation Exchange Refinement Gas Station These are quite new to me, but no doubt, they are nothing new to those in the oil and gas industry. Maybe some of you kind souls out there can point me in the right direction so that I can understand more about each stage. Oil is such an important thing, many of our industries rely on it: logistics, industry, energy, plastics, etc. I found it interesting that the website, "Futures Fundamentals", has many articles on futures. While I don...