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In charts: the funds wiped out by the falling oil price

Posted on 23 December 2014

Specialist funds that invest in oil and gas companies have posted huge losses over the past six months. Investors who have money tied up in specialist energy - usually falling into the categories of either “energy” or “natural resources” - are nursing heavy losses.
These funds invest in oil and gas companies across the globe so their performance is closely tied to the price of oil. Since the middle of June the “black gold” commodity has fallen nearly 50pc in price, with Brent crude dropping from $116 to nearer $60 a barrel………………………………………..Full Article: Source


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