Peter J. Cooper

Talk to traders about oil prices and they only look a few months ahead. But a new book from George Soros’ former colleague Jim Rogers, ‘Hot Commodities’ points to a much more long-term outlook, and the news for oil is very good.

Alan Greenspan’s historic decision last week to raise US interest rates for the first time in four years brings an era of exceptionally low interest rates to an end. For rates will now also go up in the GCC.