Most of us are familiar with the notion of income and expenses, gross and net, profit and loss. These terms frequently work themselves into conversations about our financial well-being when we describe our income as X or our “take home” as Y. However,...
Oil prices have been going through a period of very significant volatility over the last few years. In the months preceding the financial crisis, global demand for energy was perceived to be on a permanent upward trajectory. This drove a large degree of speculation on...
