hedge funds

Hedge funds anticipate hurricane disruption to U.S. refineries: Kemp

Energy Financial

Backwardation in gasoline narrowing as tankers head from Europe to bring relief fuel By John Kemp Hedge funds turned bearish towards U.S. crude while boosting bullish positions in gasoline and heating oil in the final week of Aug., anticipating major disruption to U.S. refineries as a result of Hurricane Harvey. Hedge fund operators responded in […]

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Hedge funds find plenty of willing sellers in oil: Kemp

Energy Financial

Critical question is whether liquidity will remain high in the months ahead or evaporate By John Kemp (Reuters) – For every buyer of futures and options there must be a seller. For every long position there must be a corresponding short position. Hedge funds and other money managers have purchased a record number of futures and options contracts linked

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Oil prices stable, but futures and crack spreads are volatile: Kemp

Energy Financial

Speculative traders increasingly focusing on spreads, likely explains some sharp price moves By John Kemp “Volatility can be neither created nor destroyed, rather it transforms from one form into another,” is a pretty fair summary of how the oil market works (with apologies to physicists). The benchmark price of Brent crude has been unusually stable since the middle of

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