Sidebar Ads

Sunday, October 31, 2021

Investors buy oil on inflation fears, pushing prices even higher


Investors buy oil on inflation fears, pushing prices even higher



Fund managers are contributing to a rally that has pushed oil prices to their highest level since the 2014 energy bust. While energy-futures markets are more typically the province of producers and commodities-focused hedge funds, an oil rally that shows no signs of slowing is now exerting a pull on traditional money managers who run portfolios of stocks and bonds

0 comments:

Post a Comment

N Korea hackers stole $1.3bn of crypto this year - report

Some incidents may be linked to North Korean IT workers infiltrating tech firms, according to research firm Chainalysis. from BBC News htt...