Plunging oil prices spurred hedge funds to cut bullish wagers by the most in six weeks, losing confidence in the willingness of producers to constrict supply.
Money managers cut net-long positions in West Texas Intermediate by 8.1 percent in the week ended Oct. 14.
Showing posts with label Organization of Petroleum Exporting Countries. Show all posts
Showing posts with label Organization of Petroleum Exporting Countries. Show all posts
Tuesday, October 21, 2014
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