LONDON – Investors anticipate that a proposed US and EU price cap will hit Russia’s crude oil exports enough to offset the impact of an economic slowdown on oil consumption and push up prices.

Column: Oil investors look to contraction in supply to offset weak economy - Oil & Gas 360

Source: Reuters

Hedge funds and other money managers bought the equivalent of 41 million barrels in the top six oil futures and options contracts in the week ended November 8.

Fund managers have been big buyers of oil in five of the last six weeks,…