Oil Speculators May Get Burned ; Economics

Summary


Investors who rushed into oil through commodity indexes this year - chasing big returns as other asset classes tanked - could face steep losses if prices fall from record highs.

An avalanche of cash has rolled into commodities through simple long-only indexes this year, feeding the recordsetting oil rally some experts say could be a bubble that is becoming more vulnerable to shifts in supply and demand fundamentals.

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Extract


Oil Speculators May Get Burned ; Economics

A sell-off in oil could spell big losses for the pension funds, municipal funds, college funds, unions and other groups that jumped out of equities-market plays and into the index...

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