Oil prices slump but experts see rise to $60 before year end
Oil prices could rise in the months ahead and the price fall seen in the wake of OPEC’s Vienna meeting may be a buying opportunity, experts have said.
Commodities
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ANALYSIS: Is now the time to go overweight oil majors?
The first quarter has proved lucrative for the gargantuan oil companies of Exxon, Chevron and BP. But are their fortunes purely macro-driven or are there other reasons for investors to reconsider the sector?
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The oil price – up, down or ‘range-bound’?
The current acceleration of the world economy should normally boost demand for oil. However, the price of the ‘black gold’ has bounced up and down of late, dropping by more than 10% in the second half of April.
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Commodity ETFs the winners in Q1
European investors are ramping up their exposure to the commodities sector in 2017 and are increasingly turning to ETFs, said ETF provider Source.
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Norway oil fund to increase equity weighting
Norway’s sovereign wealth fund should increase its allocation to equities to 70%, the Norwegian government has recommended to parliament.
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BlueBay copies Norway oil fund ESG-policy for new high yield bond fund
BlueBay Asset Management has launched the Global High Yield ESG Bond Fund, incorporating the ESG policy used by Norway’s oil fund.
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Luxembourg-domiciled “scam fund” suspends redemptions
The Columna Commodities Fund, which pretends to invest in “a range of commodity-linked assets”, has suspended redemptions. It claimed this was due to a failure to liquidate two of its investments.
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Russian stocks rally as Trump policy priorities take shape
The Russian equity market has bounced back remarkably in recent months. Is this just another symptom of the ‘Trump rally’, or are there other, more structural reasons for this revival?
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ANALYSIS: Is commodities a key call for 2017
2016 has been a good year for commodities. Year-to-date, the FTSE World Mining index is up just less than 56% in dollar terms, while the FTSE oil and gas index is up just less than 20%.
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ANALYSIS: Should investors worry about OPEC?
OPEC’s surprise deal to cut production agreed this week caught most investors off guard, but is it just another small bump in the road or a serious threat to portfolios?
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Investors pile into commodities
European investors have been seeking exposure to commodities at an unprecedented scale in the first eight months of the year. Active commodity funds, however, are losing out.
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Why investors are wrong about the oil ‘glut’
Conventional wisdom suggests an oil glut is keeping the price of the Brent Crude down, but who’s to say that the recovery story will not continue?