| 25.09.2023 Opalesque Roundup: Hedge funds pile into the oil market, expect prices to cross $100: hedge fund news |
| In the week ending September 22nd 2023, Financial Times reported that hedge funds are piling into the oil market betting that prices will soon pass $100 a barrel, adding impetus to a rally sparked by production and export cuts from Saudi Arabia and Russia. Riyadh's extension until December of a 1mn barrel a day oil cut, in addition to further cuts under its Opec+ target, has compounded Moscow& |
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