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Commodities Briefing - Categorized | Investment, Oil more

After the fall, institutional investors wary of oil

Posted on 28 November 2008

From Guardian: Institutional investors have withdrawn billions of dollars from the oil market as prices have collapsed in the last few months and look unlikely to return until the recession hits bottom — probably well into next year.

Since oil prices peaked in early July at over $147 a barrel, these money managers, who invest in oil in the hope of better returns for their investors and to diversify their portfolios, have become increasingly risk averse….. Full Article: Source


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