Reuters | John Kemp: Hedge fund managers added even more bullish long positions in crude oil and refined fuels last week, but positions showed signs of becoming stretched, setting prices up for a setback.
Hedge funds and other money managers were net buyers of another 46 million barrels of futures and options in the six major petroleum contracts ...
Reuters | John Kemp: Hedge fund managers added even more bullish long positions in crude oil and gasoline last week as traders bet prices will continue rising despite a sluggish economy and political sensitivity around escalating motoring costs.
The Trump administrations decision to toughen sanctions on Irans oil exports has rewarded fund managers ...