Hedge Funds Sell Off Winning Energy Stocks to Buy Soaring Oil

📆 17/04/2024 6:39 a. m.
📰 BNNBloomberg

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With energy stocks trading near all-time highs and oil climbing as well, hedge funds think they’ve found a trade to capitalize: Sell the shares and pour the profits into buying more crude.

Saudis and UAE Warn of War Dangers as Israel-Iran Tensions BoilUBS, Nomura Battle to Sell Rate Products to Europe’s Ultra RichRich Chinese Tourists Drive Luxury Demand in Japan on Weak YenJPMorgan Says New SDG Guidelines to Empower Impact InvestorsSaudi’s Neom Hunts for More Cash for $1.

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