ETF Securities' weekly funds flow report for the week ending 21 November showed a fourth consecutive weekly inflow into oil-related exchange-traded commodities (ETCs).

Investors see value in oil as a commodity after the sharp declines that have taken place since July.  Brent Oil fell a huge 66 percent in little over four months, from a record high of $147.50 a barrel on July 11 to below $50 a barrel on November 20.

Inflows were reported for ETF Securities' Crude Oil (LSE:CRUD), Brent 1 Month (LSE: OILB), and Leveraged Crude Oil (LSE: LOIL) ETCs.

At the same time last week marked the sixth consecutive week of declining assets for the ETFS Short Crude Oil (LSE: SOIL) ETC, which benefits from declining oil prices.

ETF Securities also reported continuing investor demand for gold ETCs, and a general reduction in the assets devoted to short (inverse) ETCs.