Oil prices drop as hedge funds head for the exit: Kemp

Oil prices drop as hedge funds head for the exit: Kemp

March 15, 2017
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By hellenicshippingnews. Hedge funds and other money managers had barely started liquidating their record bullish position in crude oil futures and options before prices tumbled on March 8. The critical question is how much more of the position will need to be liquidated before the market stabilises again. Hedge funds still held a net long position in … Read full story ›

Source:: Hellenic shipping news Oil