IMF Warning and Hot Inflation Pull Investors Into Bullish Oil Bets as Price Holds $95

The Brent crude oil price holds near $95 a barrel, climbing for a second straight week even after a 13% monthly drop, as an IMF warning on oil-driven inflation pulls investors back toward the long side. The clearest sign sits in options markets, where traders are buying calls against the falling month-on-month trend. Speculative funds The post IMF Warning and Hot Inflation Pull Investors Into Bullish Oil Bets as Price Holds $95 appeared first on BeInCrypto.