Hedge funds lose faith in oil rally as OPEC seen boosting supply

Speculators are losing faith in the oil rally, judging that OPEC will keep increasing supply from the highest level since 2012. Their net-long position in West Texas Intermediate crude dropped 2.1%, as long wagers fell the most in two months and short bets declined to the lowest since August. More »
Hedge funds lose faith in oil rally as OPEC seen boosting supply Hedge funds lose faith in oil rally as OPEC seen boosting supply Reviewed by Crude Oil Facilitators on 01:31 Rating: 5

No comments:

Trending Oil Industry News

About Crude Oil Facilitators

Crude Oil Facilitators are dedicated global facilitating and brokerage company in the crude oil industry. We facilitate connection between crude oil buyers and sellers. We are a United Kingdom and Nigerian based firm, privately owned and devoted to the oil buying and selling brokering.

We have buyers and sellers of;

1. Nigerian Bonny Light Crude Oil, BLCO

2. D2 Diesel Fuel, JP54 Jet Fuel, Mazut etc.

3. Saudi Light Crude Oil, SLCO

4. Iraqi Light Crude Oil

If you are a buyer or seller of crude oil or other petroleum products or have mandate to buy or sell any of the above oil products, do contact us because we could be of help.

To contact Crude Oil Facilitators, click here ». To learn more about Crude Oil Facilitators, click here


Crude Oil Facilitators

Powered by Blogger.