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Traders Are Flocking Back to Oil: What's Fueling the Optimism
OXYOXY(OXY) MarketBeat·2024-11-19 16:31

After a few months of lackluster price action in the energy sector, most investors have shied away from some of the best names in the sector, especially those in the crude oil industry. Whether the news about the current oil demand makes sense or not, investors need to think of the energy space as one of the most under-owned market corners today. Even Paul Tudor Jones said in a recent CNBC interview that commodities today are severely under-owned. Judging by the price action in other commodities, investors ...