Hedge funds return to oil as OPEC removes some downside risk

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Hedge funds return to oil as OPEC removes some downside risk
28 January 2019, London — Hedge fund managers stepped up their purchases of oil and refined products last week on growing hopes of a U.S.-China trade truce and that the global economy will avoid a severe slowdown in 2019. But fund buying has been concentrated in crude rather than fuels, which is consistent with producer … More »
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