Hedge Fund News From HedgeCo.Net


Hedge funds sell oil as economic fears intensify:

(Reuters) – Hedge fund managers are liquidating bullish oil positions at the fastest rate since the fourth quarter of 2018 amid increasing fears about the health of the global economy. Hedge funds and other money managers were net sellers of 104 million barrels of futures and options linked to the six most important petroleum contracts in the week to June 4.

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