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Bermuda-domiciled FMG Iraq fund set to reap the benefits of investment in infrastructure in this frontier investment market.
Brent crude fell back sharply towards $100 overnight as the Libyan uprising moved closer to its conclusion.
The oil price fell by $6 after the International Energy Agency (IEA) said it would make available an extra 60m barrels.
Other oil articles
Goldman Sachs has reversed its bearish call on commodities, urging investors to buy as it expects oil will surge to $130 a barrel in the next 12 months.
With fluctuating oil prices continuing to make news, Chris Butler, co-manager of the Martin Currie Global Resources fund, looks at the wider supersector.
BP is in last minute talks with Russian state oil firm Rosneft in attempt to salvage the proposed $16bn (£9.9bn) share swap deal before the midnight deadline tonight.
Markets across Europe fell at the start of trading as an earthquake measuring 5.1 on the Richter scale hit Spain and commodities were heavily sold off in the US.
Laurent Kssis at LaBranche Structured Products Europe (LSPE) discusses European ETF trades for the week ending 6 May.
Commodities continued to tumble today on the back of global growth concerns, with oil and silver plunging to their lowest levels since March.
The FTSE 100 fell towards the 6,000 mark mid-afternoon as weaker than expected US jobs data combined with a sell-off in commodities to weigh on shares.
A Goldman Sachs research note advising investors to take profits in commodities will not have a significant impact on exchange-traded product flows, ETF Securities says.
Exchange-traded products tracking diversified broad commodity indices saw global assets increase by $5.2bn in Q1 2011, marking the largest quarterly inflows for the sector on record, ETF Securities says.
Oil has hit its highest level since August 2008 and has broken a new record in sterling terms, hitting £74.60 a barrel.
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