You are here
Hedge funds greet 2016 by cutting bullish oil bets to 5-year low
MONEY managers began the new year by reducing wagers on rising oil prices to the lowest level in more than five years.
Oil tumbled in the first days of 2016 as a global glut outweighed an increase in tension between Saudi Arabia and Iran. The decline accelerated as turmoil
- CALL +65 6388 3838
- EMAIL firstname.lastname@example.org