je.st
news
Oil Bears Miss Biggest Rally Since '12
2015-02-03 04:40:55| Oil & Gas - Topix.net
Speculators who bet against crude missed out on the biggest rally in 31 months, as a record decline in U.S. oil rigs spurred speculation that production will slow. Money managers cut net-long positions in West Texas Intermediate crude for a second week in the seven days ended Jan. 27, boosting short wagers to the highest level since 2010, U.S. Commodity Futures Trading Commission data show.
Tags: miss
oil
biggest
bears
Category:Energy and Environment
Latest from this category |
All news |
||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||