Following this morning's record high in the cost of oil, at above $135 per barrel, BlackRock's Robin Batchelor says prices are likely to remain high for some time yet, triggering a strong re-rating of energy shares.
Batchelor, manager of the BTF World Energy fund, believes that re-ratings are inevitable as analysts increase their oil price assumptions and consequently their earnings expectations. "The energy sector...
What made financial headlines over the weekend?
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch