Mon, Feb 27, 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. Institutional investors plan to raise allocations to alternative assets in 2017[more]

    Komfie Manalo, Opalesque Asia: A survey by Context Summits Miami showed that nearly 72% of institutional investors and family offices plan to raise their allocations to alternative asset managers this year, suggesting continued strong demand for the industry. "As many large, brand name f

  2. Comment - Mortgages, mergers and hedge fund fees, Fairholme's Berkowitz responds to court ruling against hedge fund suits of Fannie Mae[more]

    Mortgages, mergers and hedge fund fees From Bloomberg.com: Yesterday the U.S. Court of Appeals for the D.C. Circuit handed down an odd decision in a lawsuit over the government's nationalization of Fannie Mae and Freddie Mac. The key issue is what's called the "Third Amendment," the 2012

  3. Investing - Hedge funds continue to chase the herd in record Momentum wager, Marshall Wace bets grocer Sainsbury may need rights offering, Hedge fund net exposure has started to retreat, David Tepper's Appaloosa fund makes a huge buy, The 10,000-mile journey to Short Australia, Skeptical hedge fund investors grill Evan Spiegel about Snap's I.P.O.[more]

    Hedge funds continue to chase the herd in record Momentum wager From Bloomberg.com: Hedge funds can't get enough of momentum - even if it means embracing an investing strategy they hate. Loosely defined as betting on shares that went up the fastest over the preceding nine-to-12 months, h

  4. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s

  5. K2 Advisors : Why We Like Activist Hedge Fund Strategies and Some Thoughts on Alpha[more]

    Matthias Knab, Opalesque: Rob Christian, Senior Managing Director, Head of Research K2 Advisors, Franklin Templeton Solutions, writes on Harvest Exchange: When d