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...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till