tk77mann

Four Oil Giants to Keep an Eye on - Barron's

Donzelion,

Don't forget oil is priced in dollars, not pounds, so even if the pound crashes BP's earnings and dividends will be issued in dollars. This will be a good thing for UK investors of BP shares.

The major oil companies are a good hedge against the looming inflation we are facing with the huge monetary influx being spent to prop up the economy, IMO.