26.01.2009 - Appetite for oil ETCs on the increase
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