Hedge Funds Increase Bullish Bets On Oil
alphanewsstream
2021-05-10 15:16
Hedge Funds Increase Bullish Bets On Oil
Money managers have accelerated buying in the most important petroleum futures and options contracts, betting that oil prices will increase later this year as economies reopen and travel and fuel demand rise. In the week to May 4, hedge funds bought the equivalent of 40 million barrels in the most ...

https://oilprice.com/Energy/Crude-Oil/Hedge-Funds-Increase-Bullish-Bets-On-Oil.html

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