One important question that is often overlooked when discussing the price of oil is asking who exactly profits (aside from seasoned futures traders) when fossil fuel prices rise. As you might have expected, the answer to the previous question has more than a handful of correct responses; one of these in particular may offer investors a lucrative investment opportunity overseas which has been flying under the radar for most. Gulf states like Saudi Arabia, Bahrain, and the United Arab Emirates are directly profiting from rising oil prices; however, what may surprise you is the fact that these countries are spending a growing portion of oil dollars at home [see Crude Oil 101: Brent vs. WTI]. In a recent Wall Street Journal article, authors Asa Fith and Liam Pleven take a closer look at a spending trend that is developing across Arab countries. The Gulf states are embarking on a massive domestic spending spree [...] Click here to read the original article on ETFdb.com. Related Posts: UAE, Qatar Rejected, Won’t Be Joining Emerging Markets ETFs (EEM, VWO) Middle East ETFs Under Pressure As Protests Intensify Middle East ETFs In Focus As BlackBerry Showdown Looms ETFs To Invest In The World’s Fastest Growing Economy (No, Not China) Middle East ETFs Head-To-Head: GULF vs. MES
One important question that is often overlooked when discussing the price of oil is asking who exactly profits (aside from seasoned futures traders) when fossil fuel prices rise. As you might have expected, the answer to the previous question has more than a handful of correct responses; one of these in particular may offer investors a lucrative investment opportunity overseas which has been flying under the radar for most. Gulf states like Saudi Arabia, Bahrain, and the United Arab Emirates are directly profiting from rising oil prices; however, what may surprise you is the fact that these countries are spending a growing portion of oil dollars at home [see Crude Oil 101: Brent vs. WTI]. In a recent Wall Street Journal article, authors Asa Fith and Liam Pleven take a closer look at a spending trend that is developing across Arab countries. The Gulf states are embarking on a massive domestic spending spree [...]
Click here to read the original article on ETFdb.com.
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