Global plastics purge to hit oil investors

Ecowarriors could have double the reason to celebrate the global push to eradicate plastics after Legal & General Investment Management highlighted the negative impact lower demand will have on the oil and petrochemical sectors.

Commodities | 18 May 18

Oil giants offside with investors worth $10trn

Climate change has landed major oil companies oil offside with a number of investors representing $10.4trn (£7.7bn, €8.8trn) worth of assets ahead of their annual general meetings (AGMs) over the next couple of weeks.

Commodities | 28 Jun 17

Ashburton’s Robinson sees supply tightening in oil market

Massive cuts in oil industry capital expenditure has set the stage for a drop in inventories over coming months, leading to upward price pressure in 2018, says Richard Robinson, investment manager, Ashburton Investments.

Commodities | 26 May 17

Oil prices slump but experts see rise to $60 before year end

Oil prices could rise in the months ahead and the price fall seen in the wake of OPEC’s Vienna meeting last week may be a buying opportunity, experts have said.

Commodities | 2 May 17

ANALYSIS: Is now the time to go overweight oil majors?

The first quarter has proved lucrative for the gargantuan oil companies of Exxon, Chevron and BP. But are their fortunes purely macro-driven or are there other reasons for investors to reconsider the sector?

Oil