22.03.2011 - Rising crude prices call for diversifying commodities portfolio
Tension in West Asia has led to a sharp rise in bullion and crude oil prices. In fact, the WTI (West Texas Intermediate) crude oil hit over $100 a barrel for the first time this year due to the unrest in Libya, thus compelling those associated with the financial markets to deliberate on crude oil prices. Most of them are curious to know where crude oil is heading. When crude oil hit a record high in the last fortnight, Indian equity markets corrected sharply. This mandates traders and investors to have an exposure in commodities, which have provided a refuge to market participants during turbulent times in the domestic markets.............................................Full Article: Source
Print