Post Tagged with: "oil prices soar"

Source: Reuters

Column-Oil prices soar, bullish hedge funds hold their nerve: Kemp

Reuters


LONDON – Petroleum futures and options saw another influx of hedge fund inflows last week as renewed bullishness about output restrictions overcame concerns about the already-high level of prices.

Hedge funds and other money managers purchased the equivalent of …

Source: Reuters

Column: Oil prices soar even as consumption remains below trend

Reuters


LONDON – Global oil consumption is set to return to pre-pandemic levels by the first quarter of 2022, driven by a strong expansion in global manufacturing and freight transport as well as the gradual re-opening of major economies.

Booming …