Post Tagged with: "stop buying"

Source: Finance Yahoo

TotalEnergies to stop buying Russian oil, funding arctic LNG

Yahoo Finance


(Bloomberg) — TotalEnergies SE said it will stop buying Russian crude and diesel by the end of the year, becoming the latest energy giant to shun the country’s oil in protest against the invasion of Ukraine.

The announcement …

Source: Reuters

Column: Oil prices left vulnerable after funds stop buying

Reuters


LONDON – Hedge fund positioning in oil had become directionless in the run up to last week’s sell off, after a four-month rally since the first successful COVID-19 vaccines were announced at the start of November.

Hedge funds and …