Post #6063

Investors are pouring money into energy stocks at a record pace: Global energy equity funds have attracted a record +$9.5 billion in inflows over the last 3 weeks. By comparison, the previous peak was +$7 billion at the beginning of 2021. The 2022 spike, when WTI Crude oil surged to $129 per barrel, was +$6 billion. As a result, global energy equity funds have now seen inflows for 5 consecutive weeks, the longest streak since 2017. This all comes after nearly 2 years of consistent outflows. Energy stocks are seeing historic inflows.