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 …
LONDON – Portfolio investors appear to have finished their petroleum buying as benchmark crude prices climbed towards $100 per barrel, prompting concerns about the trade becoming crowded and some profit-taking.
Hedge funds and other money managers sold the …
LONDON (Reuters) -Oil prices edged lower on Thursday on growing expectations that key Western economies will maintain high interest rates to tackle stubborn inflation. By 1312 GMT, Brent crude futures were down 66 cents at $95.89 a barrel after …
HOUSTON – Top U.S. energy companies last year paid out more of their earnings to shareholders than they invested in new oil and gas fields for the first time, according to a report released on Tuesday.
The outlook for …
LONDON – Investors expect a planned U.S. and EU price cap to disrupt Russia’s crude exports by enough to offset the impact of an economic slowdown on oil consumption, boosting prices.
Hedge funds and other money managers …
LONDON, Jan 31 – Portfolio investors took some profits last week after a blistering rally in oil prices since the start of December left the market looking increasingly overheated in the short term.
Hedge funds and other money managers …
LONDON, Jan 17 – Portfolio managers purchased oil last week at the fastest rate for 14 months amid growing confidence that the latest wave of coronavirus infections will not have a significant effect on international aviation and oil consumption.…
