For investors looking for a long-term buy and hold fund, they may want to look at the Invesco DB Energy Fund (DBE). Momentum has certainly pushed PXI past its 50-day moving average since fall started, riding the wave of higher oil and gas prices amid inflationary pressures. “The ongoing recovery in global oil demand, gradual supply growth, and a manageable cost environment will provide a supportive macro backdrop for producers to maintain earnings above 2019 levels,” Moody’s said in a report on Friday (November 19).