Tag: Short Positions

Oil prices surge as hedge funds reduce short positions – Kemp

Oil prices surge as hedge funds reduce short positions – Kemp

Despite rally, still an unusually large number of short positions across major Brent and WTI contracts By John Kemp LONDON (Reuters)¬†–¬†Hedge funds executed one of the fastest U-turns on record this month as managers turned from super-bearish to cautiously bullish about the outlook for oil prices. Hedge funds and other money managers increased their net […]