finance
Energy Funds See $3.2 Billion Outflow in Week to July 1, Largest Since July 2024
Energy funds recorded net outflows of $3.2 billion for the week ending July 1. The figure marks the largest weekly withdrawal since July 2024 and the second-largest in at least a decade.
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Energy funds recorded net outflows of $3.2 billion in the week ending July 1, @KobeissiLetter reported. The amount is the largest weekly withdrawal since July 2024 and the second-largest in at least 10 years. The prior week saw outflows of $1.5 billion, the largest since April 2025.
The four-week average of outflows reached $1.8 billion, the highest on record. Two months earlier the four-week average stood at inflows of $2.5 billion. The reversal follows two consecutive weeks of sizable withdrawals.
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