Oil hedge fund Westbeck bullish on further energy price recovery after volatile markets sends returns soaring

Oil rig

Westbeck Capital Management, the London-based long/short energy specialist hedge fund, is positioning for a continued recovery in oil and oil equities after making bumper returns amid frenzied markets during the first six months of the year.

The Westbeck Energy Opportunity Fund has generated a remarkable 76 per cent year to date, having gained more than 11 per cent in the first few weeks of June, which followed a 5.6 per cent return in May.

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