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    Investing in oil u

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    U.S. CPI data showed sticky inflation, prompting renewed demand for commodities as an inflation hedge. Investing in oil aligns with this macro narrative, enhancing portfolio resilience in volatile markets. “People are very careful. They spend hours getting 50 bucks off on an airplane flight. They look at everything. And they’ll put $10,000 in some crazy stock they heard [about] on the bus — you know? And they have no idea what they’re doing. And somebody invented this awful term, before I got in the business, called play the market,” he said. Risks: A fund’s diversification can protect you against the issues plaguing a specific company, but it won’t protect you if something affects the entire industry, such as a sustained decline in the price of oil. You’ll want to carefully look at what’s included in your fund and whether you’re getting the kind of investing exposure you want, because ETFs may have non-oil companies in them. Global diesel inventories remain below five-year averages, lifting refining spreads and supporting higher crude throughput. Investing in oil via integrated energy firms could capture this demand-driven upside.

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