Released on: August 14, 2008, 11:28 pm

Press Release Author: Michael Brown

Industry: Financial

Press Release Summary: Portfolio Chiefs at Portway Capital are apparently
speculating on short-term Crude Oil gains to bolster there years returns, after the
price of light sweet crude tumbled recently to levels below $130 a barrel.

Press Release Body: A number of market observers (though none from Portway Capital)
suggested that there was no solid foundation or support for the recent run up in oil
prices and that this week\'s sell-off will only help speed declines. This, coupled
with recent reports from the US Energy department showing increases in supplies of
Petroleum, Natural Gas and other fuel supplies, has created fear among investors,
leading to a general sell-off. Some observers have gone so far as to suggest that
the price peaked when it hit $147 back in early July.

However, commodities analysts at Portway Capital are said to be excited at the
buying opportunity presented - as their data shows that the market still has plenty
of upside in the short term. One source within Portway Capital commented "Its far
too early to say the market has topped out - the year-end estimates for crude alone
are testament to that. We are treating this as a window of opportunity".

The source also hinted that Portway Capital would look to take maximum benefit from
the current lull - pointing out that natural gas prices always follow crude, often
with amplified results, as does, to some extent nowadays, sugar (as a result of
ethanol extraction value) and other commodities previously classed as agricultural.
"Careful execution is key, the impact across the whole portfolio must be measure for
net success in the short term" concluded the Portway Capital source.


Web Site: http://www.portwaycapital.com

Contact Details: Michael Brown
news@pr-newsnow.info