28.11.2008 - After the fall, institutional investors wary of oil
From Guardian: Institutional investors have withdrawn billions of dollars from the oil market as prices have collapsed in the last few months and look unlikely to return until the recession hits bottom -- probably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
Print