Saturday, October 19, 2024
Column: Funds realise profits, anticipate pullback after oil rally- oil and gas 360

Column: Funds realise profits, anticipate pullback after oil rally

Reuters LONDON – Hedge funds started to realise some profits and anticipate a pull back in crude prices, especially in the United States, after a strong rally saw prices double in less than two months. Hedge funds and other money managers sold the equivalent of 16 million barrels in the six most important petroleum futures and options contracts in the

Premium Content

  • Analytics: Data,
    Dashboards, Knowledge
  • EnerCom Conference Replays
  • Exclusive Video Interviews