RPT-COLUMN-Renewed slide in oil price will test US shale profits: KempReutersLONDON, July 7 U.S. independent oil and gas producers came close to breaking even during the first quarter of 2017 thanks to aggressive cost cutting and improvements in well produ …
COLUMN-Hedge funds walk into bear trap in oil: KempReutersLONDON, July 3 Hedge fund managers had amassed a record number of short positions in petroleum futures and options by the start of last week, which primed the oil market for a sharp short-covering r …
ReutersOil up almost 2 percent on weaker dollar, short-coveringReutersIt was the fourth straight session of gains for oil, which also got some support after the chief executive of U.S. shale oil producer Pioneer Natural Resources Co (PXD.N) said Saudi Arab …
ReutersOil prices up 2 percent on weaker dollar, short coveringReutersTim Evans, Citi Futures' energy futures specialist, said in a note that oil's upswing was "a technical correction after the declines of the past five weeks" helped alon …
ReutersOil prices up on weaker dollar, but supply glut caps gainReutersLONDON Oil prices rose for a fourth consecutive session on Tuesday boosted by a weaker dollar but worries over persistent oversupply capped gains. Brent crude futures LCOc1, the interna …
ReutersOil up on weaker dollar, supply glut caps gainReutersLONDON Oil prices rose for a fourth consecutive session on Tuesday boosted by a weaker dollar and investors covering short positions, but worries over persistent oversupply capped gains. Brent cru …
Market RealistCOLUMN-Hedge funds keep it cagey on oil drawdown prospects: KempReutersLONDON, June 5 Hedge fund managers continued to square up positions after the OPEC meeting on May 25 left oil production allocations unchanged for another nine months. Mon …
ReutersPre-OPEC short covering left oil price poised to fall: KempReutersThe bout of short-covering explains why oil prices rose consistently in the run up to the meeting, then sold off sharply afterwards when ministers decided to leave output quotas uncha …
COLUMN-Hedge funds turn bearish on oil and refined fuels: KempReutersLONDON, May 8 Hedge funds and other money managers were turning increasingly bearish towards oil even before prices plunged on Thursday. Hedge funds cut their net long position in the thr …
ReutersOil prices drop as hedge funds head for the exit: KempReutersThe near-record concentration of hedge fund long positions in oil significantly raised the risk of a crowded trade and likely contributed to the sharp fall in the price of oil starting on …