Hedge Funds Raise Bullish Oil Bets as Drillers Idle Rigs - Bloomberg

#Energy

Bloomberg

Hedge Funds Raise Bullish Oil Bets as Drillers Idle Rigs Bloomberg “We have had some cuts in capital spending and a fairly dramatic drop in the drilling rig count, which does point in the direction of rebalancing over the intermediate or longer term,” Tim Evans, an energy analyst at Citi Futures Perspective in New ...

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