16 March 2008
Oil prices soared to $111 a barrel last week as investors piled money into crude oil as a protection against inflation and share-price turbulence.
The traditional way to invest in the oil price is to buy shares in one of the big producers, Shell or BP.
However, investment experts are recommending oil-rig bonds as one of the least risky ways to benefit from booming crude prices.
These bonds are issued by companies to finance the construction of rigs and oil and gas projects. They pay a fixed income so, as long as the firm issuing them does not run into trouble, the returns are relatively secure.
Most are issued on the Norwegian stock exchange and the easiest way to get exposure is to invest in the CQS Rig Finance Fund, an investment trust listed on London’s Alternative Investment Market and the Channel Islands stock exchange.
The fund is not without risks. A big fall in the oil price or a sharp deterioration in economic conditions will hit its share price. It has fallen 9% since January as the credit crunch has struck.
Fund managers recommend it, though, because it has an attractive dividend yield of more than 6%.
Graham Duce of Credit Suisse Asset Management said: “We see it as more like a lower-risk fixed-interest investment. The manager is heavily invested in the fund, which also gives us confidence as it means he has a vested interest in making sure the performance is good.”
Analysts also back small exploration firms such as Aminex, which has interests in America and East Africa and exclusive rights to drill in North Korea. If you prefer to invest in a fund that focuses on the smaller end of the market, Mark Dampier at Hargreaves Lansdown, an adviser, backs the CF Junior Oils trust.
http://business.timesonline.co.uk/tol/business/money/investment/article3558728.ece
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
