Hedge Fund News From HedgeCo.Net

Hedge Funds Go All-In on Oil

November 7, 2017 : Permanent Link

(Reuters) Hedge funds have built record or near-record bullish positions in almost all parts of the petroleum complex anticipating that prices will keep rising. Hedge funds and other money managers had amassed a net bullish position in crude and refined products amounting to more than 1 billion barrels of oil as of Oct. 31

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Recent Posts

  1. S&P 500 futures pop in overnight trading, boosted by Alphabet and Microsoft: Live updates
  2. Alphabet tempers fears that it’s falling behind in AI with blowout first-quarter results
  3. Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock
  4. Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
  5. Mark Zuckerberg’s net worth plummets by more than $18 billion in Meta stock drop

Search


Categories