Several hedge funds are starting to bet that assets in the battered energy sector are through the worst of their dismal run. Oil is down nearly 70% since June 2014, and analysts say there are few signs that the global oversupply of crude will soon abate.
But some hedge-fund managers have recently started betting on rising oil prices, or picking up the stocks or credit of battered energy companies in the belief that prices have dropped too far...............................................Full Article: Source
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