Contrarian Investor UK invests mainly in UK FTSE and AIM listed shares. Like famous contrarians, Warren Buffett and Anthony Bolton, he likes to take a different view to the crowd of investors. He prefers the short term, possibly speculative trade, to the long term hold and takes the view that it's about "buy and research" not "buy and hold"! This blog tracks Contrarian Investor UK's thoughts on the stockmarket and his portfolio's trades. Move against the herd with the Contrarian Investor UK!
Brent crude oil for April delivery went up as high as 6% this morning, $17 in the last week. Worries about Libya and possible contagion to other oil producing states were behind the rise. No one wants to be left short if things kick off in the Middle East, triggering panic buying. Its incredible to think that oil dropped to close to $20 during 2009.
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