Hedge fund oil bulls on the rampage as bears vanish: Kemp

April 25th, 20188:57 am @


(Reuters) Hedge fund managers have never seemed so convinced that oil prices are set to rise rather than fall in the near term, according to the latest positioning data published by regulators and exchanges. Fund managers remain super-bullish even though benchmark Brent prices have almost tripled over the last two years and are now trading at the highest level since November 2014.

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