There is a floor in the oil market, a report from KKR backed, Blackgold Capital Management said, and this will impact investments in and around the energy market. The report to investors reviewed by ValueWalk comes as those in the OPEC cartel find themselves in particularly difficult straits — and their plans to push out US oil producers appears to have backfired to a degree. Also see Andrew Hall The God Of Oil Has Capitulated On Bullish thesis Q3 2016 Hedge Fund Letters Blackgold Capital Management: Economies in OPEC countries are feeling extreme pain For the last three months,…
KKR Backed Hedge Fund: Oil Has Floor As Saudi Economy In Dire Straits
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.