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Fundamentals don't matter to new breed of oil speculator - Financial Times
Financial Times | Fundamentals don't 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 prices give up earlier gains as rising US supply outweigh signs of demand gains Oil up on strong demand, Saudi comments - Reuters |
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