More pain to come as oil bubble pops

US-BASED Stansberry Research believes that the oil price bubble has well and truly popped, with oil plunging back to prices not seen for a decade, but it warns that the full impact for oil and gas companies is still to come.

More pain to come as oil bubble pops More pain to come as oil bubble pops More pain to come as oil bubble pops More pain to come as oil bubble pops More pain to come as oil bubble pops

In Stansberry's latest note the firm said ExxonMobil, Chevron, BP, Shell and Total had accumulated a staggering $US8 trillion ($11.

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