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Fundamentals do not matter to new breed of oil speculator - Financial Times
Financial Times | Fundamentals do not matter to new breed of oil speculator Financial Times Investors have built a billion-barrel bet on higher oil prices. But they are a different breed of bull than years past. The “net long” position held by fund managers in crude oil futures is a powerful reflection of speculative sentiment. This year, the ... Oil eases as possible rise in US stocks outweighs faith in OPEC Oil Near Three-Week High as Investors Await US Inventory Data Lower oil prices force Saudis to widen their circle of friends |
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