Tue, Oct 13, 2015
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

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. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Bloomberg.com: Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  2. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From Mondaq.com: The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  3. Other Voices: Why fund boards must develop a response to cyber security and financial crime threats[more]

    This article was written by Carne, an international specialist in the provision of independent governance services and European management company solutions to the global asset management industry. A recent SEC action has highlighted how concerned regulators have become about data intru

  4. Hedge funds relatively resilient in Q3[more]

    Komfie Manalo, Opalesque Asia: Hedge funds fell in the third quarter as market conditions remain challenging, but still outperformed the S&P 500. The Lyxor Hedge Fund index was down 3.6% during Q3 while the S&P 500 fell 8.2%. According to Lyxor, "hedge funds were quite resilient in Q3. Falling en

  5. Hedge funds start Q4 on strong footing reversing the previous market downturn[more]

    Komfie Manalo, Opalesque Asia: Hedge funds started the fourth quarter on a strong footing, reversing the previous market downturn with the Lyxor Hedge Fund Index up 1.1% as of end Oct. 6 (-0.7% YTD). Event-driven outperformed, up 2.2% (-4.2% YTD), and CTAs underperformed (- 1.9%), extrapolatin