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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (44320)5/29/2018 2:27:05 PM
From: Goose94Read Replies (1) of 202988
 
Crude Oil: Hedge funds and other money managers had been pulling out of long positions on oil futures more than a month before news surfaced that OPEC and Russia could allow higher levels of production, which forced a steep price correction. In fact, investors cut net-length in Brent and WTI for five consecutive weeks. That followed what had been a record buildup in bullish bets.
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