{"id":53133,"date":"2016-06-21T10:19:29","date_gmt":"2016-06-21T14:19:29","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53133"},"modified":"2016-06-21T10:19:29","modified_gmt":"2016-06-21T14:19:29","slug":"fund-manager-franklin-templeton-bets-on-higher-oil-prices","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2016\/fund-manager-franklin-templeton-bets-on-higher-oil-prices.html","title":{"rendered":"Fund Manager Franklin Templeton Bets On Higher Oil Prices"},"content":{"rendered":"<p>(Bloomberg) Franklin Templeton Investments, a fund manager with $740 billion in assets, is pouring money into shares of independent oil exploration and production companies, betting that crude prices will rise further.<\/p>\n<p>The California-based fund manager, which is among the largest shareholders of natural resources groups including BP Plc, Total SA, Glencore Plc and Chevron Corp. through dozens of funds, believes that $50 a barrel isn\u2019t high enough to stimulate the increase in supply needed to meet future oil demand.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-06-20\/fund-manager-franklin-templeton-bets-on-higher-oil-prices\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Franklin Templeton Investments, a fund manager with $740 billion in assets, is pouring money into shares of independent oil exploration and production companies, betting that crude prices will rise further. The California-based fund manager, which is among the largest [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-53133","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=53133"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53133\/revisions"}],"predecessor-version":[{"id":53134,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53133\/revisions\/53134"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}