What the Brazilians can teach us about investing in oil…

Q: Is oil a good investment right now?
A: Absolutely

Q: So, are oil refiners a good bet?
A: Absolutely not!

Commodities man Garry White has written before about why independent oil refiners make bad investments. It’s all to do with their profit margins — or crack spreads — being too tight.

But here’s the interesting thing — one Brazilian player is planning a buying spree which will see it snap up several refineries. And, far from being appalled, Garry reckons this is a great move.

“The Brazilians are playing the oil market in exactly the right way,” says Garry. “And so should we.”

Find out why most investors are in danger of backing the wrong oil horse — and why taking your cue from Brazil will stop you making the same mistake.

Follow the bank that made a fortune in Russia

“Imagine you could turn the clock back 15 years,” says Manraaj Singh of emerging markets fame. “Back then you’d have been well-advised to follow the lead of this merchant bank. They got into Russia at a time when everyone else thought they were mad. And they’ve made an absolute mint out of it!”

Now, Manraaj tells me, the same merchant bank is about to make its mark in another emerging market.

Manraaj reckons they’re getting in on the early stages of a massive boom — and it’s a boom you could be riding all the way to the bank!

Until tomorrow

Ben Traynor

Editor

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