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The Wall Street Publication > Blog > Markets > Investors’ Inflation Fears Fuel Oil Rally
Markets

Investors’ Inflation Fears Fuel Oil Rally

Editorial Board Published October 31, 2021
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Investors’ Inflation Fears Fuel Oil Rally
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Luc Filip doesn’t work at a big energy company or an industrial manufacturer. He isn’t a day trader or an OPEC official. But he is still helping drive the surge in oil prices.

Mr. Filip is head of investments at SYZ Private Banking in Switzerland, and his big concern is inflation taking a bite out of the $28.5 billion of clients’ investments he manages. So he has been buying oil.

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