Hedge Funds Lose Conidence in Oil… WSJ

by Jim Colburn • Tuesday, October 30, 2018

While reading this article, I kept thinking, are hedge funds biased toward buying oil?  Yes, the “long-only” strategies probably dwarf “short-only strategies, but are some traders (especially those coming from equity markets) only comfortable going long oil?  Read the whole thing, here

”For much of 2018, robust demand world-wide and shrinking exports from Iran and Venezuela helped propel prices higher. Now, investors and traders anticipate higher output from Saudi Arabia and weaker global consumption to weigh on the market.”

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