Post Tagged with: "Bulls"

Source: Reuters

Column: Global crude oil bulls are running past China, India bears

Reuters


LAUNCESTON – Asia may be a late arrival to the impending crude oil party.

The oil market is largely convinced that a strong recovery in demand is imminent, based on the view that the world is recovering from the …

Oil Rally Finally Pulls Hedge Fund Optimists Off the Sidelines

Oil Rally Finally Pulls Hedge Fund Optimists Off the Sidelines

From Bloomberg

Oil optimists look like they’re finally ready to take the driver’s seat in crude’s rebound.

For the first time this year, a jump in bets that Brent crude prices will rise far surpassed the move by short-sellers, helping …

February 18, 2019 - 11:29 am Closing Bell Story‎, Commodity Pricing, Energy News