Russian producers boosted by growing demand for oil

Russia's abundance of natural resources at a time of global rising demand is making the country's oil producers look extremely attractive. Scottish Widows Investors Partnership (Swip) and New Star both have over weightings in the oil sector, with prices recently trading at around $70 a barrel, they both hope to cash in on stocks in the area. According to Kim Catechis, investment director at Swip, there is enough proven reserves in the country to last 20-30 years. Alastair Reynolds, also an investment director at Swip, argues as the availability of natural resources in developed eco...