Hedge Fund News From HedgeCo.Net

Hedge funds continue gently selling oil while watching OPEC and tariffs

(Reuters) Investors continued to reduce their overall bullish position in petroleum, but profit-taking concentrated on fuels while signs of stabilization emerged in crude. Hedge funds and other money managers cut their combined net long position in the six most important petroleum futures and options contracts by 18 million barrels in the week to June 12.

To read this article:

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply