| Energy futures exchange-traded products (ETPs) attracted a hefty $312 million in November, their second-highest monthly inflows of the year, as investors bet OPEC would cut oil production and thereby trigger a rebound in the oil price.
In the two-month run-up to OPEC's Nov. 27 meeting, energy futures ETPs attracted $1.153 billion, data from BlackRock showed. As a result of this surge, energy had the largest net inflows of all the commodity ETP sub-sectors in the first 11 months of 2014. But investor expectations that OPEC would trim output to stabilise the oil price were dashed as Saudi Arabia blocked calls for a cut. ..............................................Full Article: Source
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