Business

Investors Buy Oil on Inflation Fears, Pushing Prices Even Higher

Luc Filip doesn’t work at a large energy agency or an industrial producer. He isn’t a day supplier or an OPEC official. Nonetheless he’s nonetheless serving to drive the surge in oil prices.

Mr. Filip is head of investments at SYZ Personal Banking in Switzerland, and his large concern is inflation taking a chew out of the $28.5 billion of purchasers’ investments he manages. So he has been searching for oil.

https://www.wsj.com/articles/investors-buy-oil-on-inflation-fears-pushing-prices-even-higher-11635672603?mod=rss_markets_main | Patrons Buy Oil on Inflation Fears, Pushing Prices Even Better

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