The Financial Outlook for Personal Investors: Does oil present an investment opportunity?

Russ Mould of A J Bell, ever the contrarian, finds oil of interest because it is currently viewed so negatively. But he points out that, while supply is not growing, the world is still addicted to the stuff and that if demand keeps growing, it must have an effect on the price. For interested investors, he suggests sticking to the majors, a specialist fund or passive instrument, or a combination without going overboard. He also gives us advice from Benjamin Graham: The best investment returns are reaped by realists who buy from pessimists and sell to optimists.