Post Tagged with: "rising oil prices"

Source: Reuters

Column: Fund oil buying resumes as global manufacturing surges – Kemp

Reuters


LONDON – Hedge funds boosted their position in petroleum for the third week running, confirming increasing confidence over rising prices for the rest of the year.

Though the increases were small, with money managers purchasing the equivalent of 30 …

Source: Reuters

OPEC experts meet as rising oil prices mask demand worries

Reuters


LONDON -OPEC+ experts were holding a virtual meeting on Tuesday as a rise in oil prices to their highest in almost a year masked persistent concerns about a recovery in oil demand.

The Joint Technical Committee began its meeting …