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via BeInCrypto · By BeInCrypto Editorial
IMF Warning and Hot Inflation Pull Investors Into Bullish Oil Bets as Price Holds $95
BE
BeInCrypto Editorial(06:17 AM UTC)
1 min read
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 and perpetual…
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