March 13, 2017

WINNING THE WoT:

Oil prices drop as hedge funds head for the exit (John Kemp, 3/13/17, Reuters)

Hedge funds and other money managers had barely started liquidating their record bullish position in crude oil futures and options before prices tumbled on March 8.

The critical question is how much more of the position will need to be liquidated before the market stabilizes again.

Posted by at March 13, 2017 10:33 AM

  

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