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Oil MarketsOil markets are a complex global system of producing, distributing, trading, and pricing petroleum products used to make diesel, jet fuel, solvents, and more. For investors, the system of trading oil contracts offers financial access to the industry without actually having to take possession of any barrels. Traders buy and sell financial contracts, betting on future price changes of the commodity based on fluctuations in supply and demand. These complicated and expensive investments aren't realistic for most retail investors. Instead, these investors can gain exposure to oil markets by putting money into exchange-traded funds focused on the energy sector, or by buying oil company stocks. Oil can help diversify a portfolio beyond more traditional investments such as stocks and bonds, often acting as a hedge against inflation due to rising energy costs. Predicting oil prices is a complicated business, as they're sensitive to geopolitical events. For instance, in 2022, Russia's invasion of Ukraine disrupted the market, with oil prices spiking significantly.Explore Oil Markets

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How Big Oil misled the public into believing plastic would be recycledAn NPR and PBS Frontline investigation reveals how the oil and gas industry used the promise of recycling to sell more plastic, even when they knew it would never work on a large scale. NPR Establishing the wind power grid required incentives, reliability, and affordabilityAlthough wind was harnessed to generate electricity for individual buildings in the late 1800s, high costs, mechanical issues with turbines, and better fossil-fuel alternatives delayed wind power's widespread growth. After the oil crises of the 1970s, governments sought alternative energy sources and, in the decades that followed, provided tax credits to expand the wind power market. Tiny Matters ‘Compound chocolate’ lacks cocoa butter, making Advent calendar candy taste differentOne of the fun aspects of the contemporary Advent calendar, making them irresistible to children, are the numerous little chocolates often tucked inside little paper flaps, marking each day leading to Christmas. That chocolate tastes different because it’s likely made from inexpensive fats like palm kernel oil, not cocoa butter. Mental Floss Large oil companies knew about the impact of carbon emissions since the ’70sPBS Frontline’s The Power of Big Oil reveals how industry giants like Exxon and Shell were researching climate change in the 1970s but then funded denial campaigns—using internal science to sow public doubt for decades. FRONTLINE How Standard Oil created Chevron and ExxonMobil Standard Oil was eventually ordered to separate into 34 different entities, and over the following years, those 34 companies merged into what is now called the “Big Four” in the oil industry. Yahoo! Finance

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