Bloomberg Markets · 1 min read

Hedge Funds Fled Bullish Oil Bets Ahead of Election Day Drop

Hedge funds cut bullish crude bets by the most since June as the US and Iran struck rare de-escalatory notes, positioning them to profit from the selloff after the Democratic sweep of Congress.

This is a summary aggregated from Bloomberg Markets. Read the complete article on the original site:

Read full article at Bloomberg Markets

More Business & Finance News