There is not a single reason left for you avoid emerging-market oil, according to emerging-market expert and editor of Taipan’s Emerging Markets blog Irwin Greenstein.

Irwin says oilfield service company Schlumberger Limited (NYSE:SLB) is a great energy play for investors still a bit skittish about going straight into emerging markets.

“It’s a big-board American company that should give you a good night’s sleep while letting you gain from the hottest markets anywhere…”

Editor’s Note: Dave Gonigam in Desidooru Saloon has picked up on a power struggle among Saudi Arabia’s oil elite that could have major implications for the energy market…