Hedge Funds Bet On Higher Oil Prices
Tsvetana Paraskova, 05 May 2021
Money managers intimate a growing confidence that oil prices have room to run higher this year, thanks to expectations of a robust economic rebound and rising global demand for crude.
Last week, hedge funds added the most bullish positions in the oil complex in more than two and a half months, with the net long in crude oil futures jumping to the highest in six weeks. Continue reading “Article: Hedge Funds Bet On Higher Oil Prices”
