FOX BIZ NEWS: 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

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