Funds bet oil price to double to $150

Clouds are gathering over the outlook for the oil market, as trade tensions and rising crude supply threaten to swamp demand growth, but some of the world’s most prominent energy investors are convinced the price will return to record highs.

Funds bet oil price to double to $150
Wed, 15 Aug, 2018 - 08:00

Amanda Cooper and Maiya Keidan

Clouds are gathering over the outlook for the oil market, as trade tensions and rising crude supply threaten to swamp demand growth, but some of the world’s most prominent energy investors are convinced the price will return to record highs.

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