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Investors go all in for oil amid market froth elsewhere

Many are newcomers, drawn by the hope of turning a quick profit on market fluctuations and some seek a haven from inflated assets

The flood of funding from capital markets may prolong the downturn by propping up distressed producers and allowing them to keep pumping, according to Bloomberg Intelligence.


JOSEPH Gladbach and his fellow bankers at Jefferies Group field three to five calls a day from investors eager to park their millions in energy stocks or bonds in the worst down cycle in 30 years.

They're no dummies, Mr Gladbach says. One of the biggest mysteries of the oil