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 https://ift.tt/2ZEYmgj https://ift.tt/2Smow3K Markets November 1, 2021 at 07:55AM