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Physical oil traders not convinced by upbeat futures market outlook

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Physical oil traders not convinced by upbeat futures market outlook
12 October 2016, Singapore — Tension is brewing in the oil market as the optimism of financial players who have poured cash into crude futures is not shared by physical players who keep cutting sale prices in a tough fight to secure customers amid an ongoing supply glut. Money managers have amassed large bullish positions […] More »
Physical oil traders not convinced by upbeat futures market outlook Physical oil traders not convinced by upbeat futures market outlook Reviewed by Crude Oil Facilitators on 13:08 Rating: 5

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