Oil prices lose momentum as funds cut positions

Capt. John

Portfolio managers trimmed their bullish positions in petroleum last week for the second week running, after prices again failed to break through the recent ceiling around $70 per barrel. Hedge funds and other money managers sold the equivalent of 35 million barrels in the six most important...

https://www.hellenicshippingnews.com/oil-prices-lose-momentum-as-funds-cut-positions/

Leave a Comment