Wednesday, July 2, 2025
COLUMN-Oil investors try to get bullish as global economy improves: Kemp- oil and gas 360

COLUMN-Oil investors try to get bullish as global economy improves: Kemp

Nasdaq LONDON – Portfolio investors raced to build bullish positions in petroleum at the end of January amid signs the business cycle slowdown is coming to an end and fears about attacks on tankers near southwestern Arabia. Hedge funds and other money managers purchased the equivalent of 97 million barrels in the six most important petroleum futures and options contracts

Oil Bulls Come Out - Oil & Gas 360

DNB Sees Bullish Signals in the Oil Patch

$70-$100 per Barrel for the Coming 5-10 Years In its Oil Market Report sent to clients today, DNB Bank’s Oslo research team led by oil market analyst Torbjørn Kjus, said “we now believe prices have dropped to unsustainably low levels and our oil price forecast is now bullish vs the whole forward strip.” In its analysis, DNB sees the 20%-30% CapEx