Investors are pouring money into energy stocks at a record pace:

Global energy equity funds have attracted a record +$9.5 billion in inflows over the last 3 weeks.

By comparison, the previous peak was +$7 billion at the beginning of 2021.

The 2022 spike, when WTI Crude oil surged to $129 per barrel, was +$6 billion.

As a result, global energy equity funds have now seen inflows for 5 consecutive weeks, the longest streak since 2017.

This all comes after nearly 2 years of consistent outflows.

Energy stocks are seeing historic inflows.