Industry Deep Dive: Oil - what is the future of this $3.3 trillion industry?

A lot of people wouldn't normally think of investing in the oil industry.Oil plays an integral role in all of our lives ... and in this episode Bryce and Alec help you understand the Oil industry and why companies in this space are experiencing record profits currently.These are some of the smartest executives and best businesspeople in the world. So what are they doing with these excess profits at the moment?Let’s find out ... Here at Equity Mates, we wanna get better every year. So each year we have our Community Survey. It's a way for us to better understand who you are, and what content you'd like us to create more of across all our podcast channels to help you on your investing journey. It takes about 15 minutes to complete, and as an incentive for completing the Community Survey, you'll go in the draw to win $500 bucks! For terms and conditions click hereOrder Get Started Investing on Booktopia or Amazon now. Make sure you don't miss anything about Equity Mates - visit this page if you want to support our work.Want more Equity Mates? Come to our website and subscribe to Equity Mates Investing Podcast, social media channels, Thought Starters mailing list and more at or check out our Youtube channel.*****In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing Podcast acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****Equity Mates Investing Podcast is a product of Equity Mates Media. All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial services professionals. It is not intended as a substitute for professional finance, legal or tax advice. The hosts of Equity Mates Investing Podcast are not financial professionals and are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given.Before making any financial decisions you should read the Product Disclosure Statement and, if necessary, consult a licensed financial professional. Do not take financial advice from a podcast or video. For more information head to the disclaimer page on the Equity Mates website where you can find ASIC resources and find a registered financial professional near you. Equity Mates is part of the Acast Creator Network.  Hosted on Acast. See acast.com/privacy for more information.