Tag: bearish

Hedge funds turn bearish on oil and refined fuels: Kemp

Hedge funds turn bearish on oil and refined fuels: Kemp

Overall, hedge fund positioning in oil now appears neutral By John Kemp LONDON, May 8 (Reuters) – Hedge funds and other money managers were turning increasingly bearish towards oil even before prices plunged on Thursday. Hedge funds cut their net long position in the three main futures and options contracts linked to Brent and WTI […]

Hedge funds turn bearish on oil at record rate: Kemp

Hedge funds turn bearish on oil at record rate: Kemp

Oil traders, hedge funds betting OPEC will fail to reach a production deal at next meeting at end of Nov. By John Kemp LONDON, Nov 15 (Reuters) – Hedge funds turned bearish towards oil prices at the fastest rate on record in the first week of Nov. amid growing doubts about whether OPEC will reach a […]

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