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Commodities Briefing - Categorized | Investment, Market Moves, Oil more

Investors turn cautious on crude

Posted on 12 November 2012

Hedge-fund managers are losing faith that persistently strong crude-oil prices will hold amid a fragile macroeconomic backdrop, both in the U.S. and globally, and an adequate oil supply.
Their shift in positions, seen in two recent surveys, could signify that oil prices, which have been declining since hitting a peak in mid-September, could drop further………………………………………..Full Article: Source


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VRS - who has written 47920 posts on Opalesque Commodities Briefing.


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