Profit as the balance of energy power moves West

As the world’s largest oil producer, Saudi Arabia has huge influence over global energy markets. But that could soon change as its reserves dwindle. Matthew Partridge explains how you can profit.

Despite the fragile state of the global economy, and growing production in the US, the oil price has remained stubbornly high this year.

The price of a barrel of Brent crude is roughly where it was at the start of the year, at around $110.

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri