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Hedge fund bets on Brent down 80% since June

Tuesday, September 30, 2014 - 00:00

[LONDON] Hedge fund bets on Brent crude have fallen to a two-year low and are down more than 80 per cent since hitting a record level in June, data from ICE showed on Monday, illustrating a sharp reversal by money managers as oil has slumped.Brent has fallen from more than US$115 a barrel in

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