Sat, Jul 26, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves, Oil more

Brent crude oil rises back to level before OPEC meeting

Posted on 04 June 2013

Brent crude rose, returning prices to the level prior to OPEC’s May 31 meeting. Hedge funds and other money managers increased bullish bets on Brent last week to the most in more than three months, a report showed.
Brent advanced as much as 1.9 percent to $102.30 a barrel. Speculative bets that prices will rise, in futures and options combined, outnumbered short positions by 161,550 lots in the week ended May 28, according to data from ICE Futures Europe………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36130 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031