Oil sees wave of fund-buying on hopes of early COVID vaccination: Kemp – EnerCom Inc.

Oil sees wave of fund-buying on hopes of early COVID vaccination: Kemp – EnerCom Inc.

Reuters LONDON – Hedge funds started to become more bullish on the outlook for oil last week, as hopes grew that a successful coronavirus vaccination program will allow the rapid resumption of business activity and air travel. Source: Reuters Hedge funds and other fund managers bought the equivalent of 69 million barrels in the six […]

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