RPT-COLUMN-Hedge funds pile into petroleum on rosier economic outlook: Kemp
Hedge funds resumed heavy buying
of crude oil and petroleum products last week, with the previous
week’s bout of profit-taking halted by increasing optimism over
the global economy and hopes for more output cuts by Saudi
Arabia.
of crude oil and petroleum products last week, with the previous
week’s bout of profit-taking halted by increasing optimism over
the global economy and hopes for more output cuts by Saudi
Arabia.
Posted by Reuters