Tuesday, 18 October 2016

Bullish bets on oil highest since 2014

Bullish bets on oil highest since 2014
18 October 2016, London — Hedge funds and other money managers have raised their bullish bets on U.S. crude prices to the highest level since the slump started in the summer of 2014. Saudi Arabia and other OPEC members have successfully pushed oil prices back above $50 by squeezing bearish fund managers (“Saudi Arabia squeezes […] More »

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