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Commodities Briefing - Categorized | ETFs / ETCs, Investment more

Appetite for oil ETCs on the increase

Posted on 26 January 2009

From FT: Appetite for oil-based exchange traded commodities is rising as investors anticipate a rebound in global oil prices.

The market value of outstanding long oil ETCs, listed securities backed by a commodity, issued by ETF Securities surged to a record $670m (£490m, €522m) in the week ending January 16, a jump of $147m in just one week and the fastest rise since inception in 2005….. Full Article: Source


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VRS - who has written 36729 posts on Opalesque Commodities Briefing.


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