World Capital Solutions Take Positive Stance On Oil

Released on: August 20, 2008, 2:30 am

Press Release Author: Ed McMahon

Industry: Financial

Press Release Summary: Following some wild movement in crude over the last 12
months, World Capital Solutions are now talking of stable positive momentum as its
short-medium term outlook.

Press Release Body: According to industry chatter, analysts at World Capital
Solutions are viewing the recent downturn in oil prices as a logical reaction to a
large overshoot in the dizzying upward movement seen back in July, when crude prices
topped out at a record $147.27.

Following a recent industry convention in Athens, many insiders have spoken of
persistent rumblings about views made by the team from WCS, stating that Crude
Prices are now positioned to march on upwards once more, after market turmoil and
over-eager speculators resulted in the big swings seen of late.

The current exposure of World Capital Solutions' to global crude prices is unknown,
but the comments are seen as suggestive that the Asset Management Firm have already
accumulated a substantial position in Oil and selected Oil companies and will
continue to expand that in the near future at the very least.

One anonymous source from the Athens convention stated that "World Capital Solutions
firmly believe in more upside and had not just worked this out today. They will have
benefitted from the recent recovery too."

Furthermore, the source went on to explain that the original comments came about
through a discussion on US monetary policy, in which the WCS representative was
adamant the decline of the dollar still had some way to go, (which would naturally
lead cautious investors to look for commodity hedges such as gold and oil). The
source concluded by saying that executives of World Capital Solutions have since
refrained from distancing themselves from these views.


Web Site: http://

Contact Details: Ed McMahon
media@24-7-news.net

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