Market Views: Where to invest amid record oil prices?

Oil prices have soared in recent months, driven by a growing supply and demand imbalance as well as heightened geopolitical risks. The price for a barrel of Brent had increased by 50% in 2021, and by another 20% since the beginning of this year. On Wednesday, dated Brent reached $100.8 a barrel for the first time since 2014. Energy price increases over the past 12 months as well as the currently high rates have raised concerns for investors. While the economy is expected to s…