08/05/2022

Hedge funds confident on distillates amid diesel and heating oil shortages https://newstarget.com/2022-08-03-hedge-funds-confident-on-distillates-amid-shortages.html

Portfolio managers were bullish on purchasing U.S. distillates last week as shortages in diesel and heating oil continue. Hedge funds and other investment pools bought the equivalent of four million barrels in the six most important petroleum futures and options contracts in the week ending July 26. John Kemp, senior market analyst at Reuters, said that purchases of Brent […]

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