Sat, Dec 20, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Fund Profile, Investment, Trends more

Hedge funds’ commodity bets see little change in value over year

Posted on 07 January 2013

Hedge funds and other big speculators held just over $70 billion worth of bullish bets on U.S. commodities as the year began, barely changed from 12 months ago, after two weak quarters offset price gains from the rest of 2012, data showed.
Holdings in oil saw some of the most dramatic shifts in value over the year. Open interest in U.S. crude held by money managers fell from 77,717 lots worth about $8 billion to just around 13,391 lots valued at less than $1.3 billion, according to data from the U.S. Commodity Futures Trading Commission………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031