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Hedge Funds' Oil Positions Start To Look Stretched: Kemp | Hellenic Shipping News Worldwide

by hellenicshippingnews.com posted 1month ago 8 views
Hedge fund managers continue to accumulate positions in crude and gasoline in the most sustained bull market since 2017 but the market is starting to look stretched and the balance of risks is shifting to the downside. Hedge funds and other portfolio managers have boosted their net long position in the six most important petroleum futures and options contracts by 503 million barrels over the last 13 weeks.

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