Column: Hedge funds become skeptical of oil market rebalancing – Kemp – Reuters

Column: Hedge funds become skeptical of oil market rebalancing – Kemp – Reuters

LONDON (Reuters) – Hedge fund sentiment towards crude and commodities turned significantly more negative at the end of August amid signs of a slow post-epidemic recovery in oil consumption and of stocks still high. Hedge funds and other fund managers sold the equivalent of nearly 40 million barrels in the six largest oil futures and […]

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