Fundamentals drive oil interest despite bubble calls

News

sp-may08-01-gif

Investor cash is still flowing into oil-linked structured products, as talk of price falls fail to dent confidence in the market. Record highs have led to concerns that prices per barrel are being driven unnaturally high by speculation, creating unsustainable bubble-like valuations. Brent crude hit a record $113.97 a barrel at the end of April, and light sweet crude oil pushed just ahead at $115.21 a barrel, also a record.

However, while analysts maintain that financial flows are a structural fac

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: