Funds buy crude on expected delay to OPEC+ output increase: Kemp

Hedge funds purchased crude futures and options at the fastest rate for six months as portfolio managers became increasingly confident OPEC+ will postpone scheduled output increases until demand is stronger. The equivalent of 55 million barrels was purchased by hedge funds and other money managers...

https://www.hellenicshippingnews.com/funds-buy-crude-on-expected-delay-to-opec-output-increase-kemp/

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