Mon, Apr 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The Big Picture: Oil prices could remain steady after all

Thursday, July 03, 2014

amb
David Donora
Benedicte Gravrand, Opalesque Geneva:

According to financial blog The Short Side of Long, commodities in general did well in the first quarter of 2014 mainly thanks to Agriculture and Gold. Industrial commodities such as Crude Oil, Heating Oil, Copper, Aluminum did not do as well as expected, however. Recent breakdown in Copper and the weakness in Brent Crude could spell more trouble for this area.

There is indeed potential trouble in the energy market but prices don’t reflect much worrying from investors. There are possible supply disruptions from Iraq, although for now, according to Reuters, heavy fighting between government-led forces and Sunni militants in the north of Iraq has spared refineries in the south, which process a big chunk of the OPEC member's oil exports. Brent and U.S. crude reached an 18-day low on Monday ($112 a barrel and $105 a barrel respectively) as investors grew less concerned about supply disruptions. And a Saudi oil official apparently stated that the world's largest oil producer would increase supplies if there was a disruption due to crises in Iraq or Syria. Meanwhile in Libya, rebels reached a deal to reopen two terminals that handle a......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Hedge fund Ecofin says EDP bid for renewable energy unit 'egregiously low', Asia CIOs say "non" to Europe, Billionaire Mike Novogratz says he has 10% of his money in Bitcoin and Ether[more]

    Hedge fund Ecofin says EDP bid for renewable energy unit 'egregiously low' From Reuters.com: London hedge fund firm Ecofin said an offer from Portugal's largest company EDP to buy 22.47 percent of subsidiary EDP Renovaveis "significantly undervalues" the company, in a letter to EDPR's bo

  2. Alternative asset firm YieldStreet surpasses $100m of loans funded in less than 8 quarters[more]

    Komfie Manalo, Opalesque Asia: Alternative asset investment platform YieldStreet reported that it has surpassed $100m in loans funded in less than eight quarters from accredited investors and single family offices. YieldStreet was founded by Milind Mehere and Michael Weisz. In a

  3. Investing - Investor appetite for high-growth IPOs to be tested, Apollo boosts fund's stock allowance for 'diamonds in the rough', Hedge funds uncertain over outlook for Hargreaves Lansdown[more]

    Investor appetite for high-growth IPOs to be tested From FT.com: The US listings market is poised for a busy week with deals that will test investors' appetite for high-growth - but lossmaking - companies. Eight new listings are scheduled for this week, the most since October of 2016,

  4. Aris Wealth' quant indices fare well[more]

    Benedicte Gravrand, Opalesque Geneva: Last year, Geneva-based Aris Wealth Management launched indices sponsored by Societe Generale Corporate & Investment Banking. These indices replic

  5. Opalesque Exclusive: Gold Sail diversifies into PE and real estate[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The five Purdue University students who set up a hedge fund last year have become four and have diversified int