Crude falls 4% to six-week low on economic worries

Date: Monday, July 6, 2009

Crude-oil futures touch a six-week low as investors worry about the global
economy.

INDEX INVESTORS HIKE STAKE IN OIL AS PRICES RISE

Big pension and endowment funds that invest in commodities are loading
up on crude, regulatory data show.

HOW MARKETWATCH ESTIMATED INDEX INVESTORS' HOLDING

In order to determine that index investors, such as big pension funds,
have increased their holdings in oil this year, MarketWatch used
publicly available data on their holdings in other commodities and the
make-up of two major commodities indexes that include oil.

UTILITIES IN PLAY AS STOCK INVESTORS TURN SKITTISH

The utility sector, bashed by stock investors until recently, is getting
another look as markets turn increasingly defensive in re-evaluating the
economic recovery still ahead.

SOCGEN SEES SMALL PROFIT AFTER $1.8 BLN CHARGE

French bank Societe Generale on Monday expects to report a small
profit in the second quarter as a solid performance in corporate and
investment banking was largely offset by around 1.3 billion euros
($1.8 billion) of write-downs and tighter credit spreads.