11.11.2009 - Major investors pushing oil as investment tool despite risks
From UPI: High-value investors including the pension funds are pushing oil as an instrument of high-yield investment, a factor that is keeping oil prices high amid low interest rates and low energy demand, a London think tank said Tuesday. The London Center for Global Energy Studies said the U.S. Federal Reserve's decision to keep interest rates low had contributed to investors flocking to oil and other commodities as high-yield instruments of investment................................Full Article: Source
Print