An attractive, high-yield way to play oil
There seems to be no stopping the price of oil. Having breached $100 a barrel in January, it neared $120 this week, with grim predictions that it could rise further. On Monday, the president of oil cartel Opec warned that the price could pass $200 if the US economy continued on its road to recession and the dollar weakened as a result. “Each time the dollar falls one per cent, the price of the barrel rises by $4,” Chakib Khelil told El Moudjahid, an Algerian newspaper.
This full article is for Subscribers only. Subscribers
log in here.
To read the rest of this article in full, just click here now for your
3-week FREE TRIAL - giving you:
Sir Antony Jay
"I started with £3,000 and have doubled it to date, using a combination of tips in the 'at a glance' section." Fred McKenzie
"If you are a serious investor, you should be reading MoneyWeek." Rupert Foster, Chief Executive, FM Capital Management
"I bought into four European emerging markets funds following general info from your magazine, and so far I have achieved 25% gains." K Murphy, London
"Money Week encouraged me to go 100% oil, and I have gone £38K to £62K in a year." Garry Morrow, N Ireland
Don't miss this opportunity to join these successful investors! For your 3-week FREE trial - sign up here
To read the rest of this article in full, just click here now for your
3-week FREE TRIAL - giving you:
- FREE! - read the rest of this article now.
- FREE! - immediate access to the entire website, with all our money-making tips, news, advice and articles, continuing for the next 3 weeks.
- FREE! - our punchy daily investment email "Money Morning", with our insights and ascerbic views on the day's financial news, plus...
- FREE! - our award-winning magazine, with all the latest financial news, developments, and essential advice for investors, delivered to your door for the next 3 weeks.
Sir Antony Jay
"I started with £3,000 and have doubled it to date, using a combination of tips in the 'at a glance' section." Fred McKenzie
"If you are a serious investor, you should be reading MoneyWeek." Rupert Foster, Chief Executive, FM Capital Management
"I bought into four European emerging markets funds following general info from your magazine, and so far I have achieved 25% gains." K Murphy, London
"Money Week encouraged me to go 100% oil, and I have gone £38K to £62K in a year." Garry Morrow, N Ireland
Don't miss this opportunity to join these successful investors! For your 3-week FREE trial - sign up here
FREE! For all our latest advice on making profitable investments, claim your 3-week FREE trial of the MoneyWeek website and magazine now.
Money Morning is the FREE daily email from MoneyWeek
– a punchy round-up of the latest investment news and profit opportunities.
DON’T MISS IT!
