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Africa: Oil price rally lures investors back to energy ETPS in July

Posted on 13 August 2013

A strong rally in the price of U.S. crude in July coupled with a general improvement in the American economy has encouraged investors to return to energy exchange traded products (ETPs) after several months of outflows.
Some $142 million was invested in energy ETPs in July, according to data from BlackRock, the world’s biggest asset manager. This follows outflows of $90 million in June, $48 million in May, $89 million in April and $423 million in March………………………………………..Full Article: Source


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