Brent Could Hit $80 This Summer As Hedge Funds Lose Steam

Apr 14, 2019 · But there is still room for oil to run and Brent could go as high as $80 a barrel this summer, due to geopolitical issues, OPEC and allies’ cuts, resilient demand, and not-so …

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Brent Could Hit $80 This Summer As Hedge Funds Lose Steam

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Apr 14, 2019 · But there is still room for oil to run and Brent could go as high as $80 a barrel this summer, due to geopolitical issues, OPEC and allies’ cuts, resilient demand, and not-so …

oilprice.com

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Why Oil Has Hit A 3-Month High With Brent Touching $80 - Forbes

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5 days ago · At 9:30am EST, the Brent front-month crude futures contract was up 4.49% or $3.47 to $80.67 per barrel while the West Texas Intermediate was trading at $77.74, up 4.62% or …

forbes.com

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Brent Crude Soars Above $80 As Hedge Funds Reverse Short Bets

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Oct 8, 2024 · The report cites ICE data as revealing that funds reduced their short positions against Brent crude and increased their long holdings in the week ending 1 October, at the …

hedgeweek.com

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Brent Crude Nears $80 As Hedge Funds Reverse Bets

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Oct 7, 2024 · Brent crude, the global oil benchmark, rose as much as 2.4 per cent to hit $79.94 (€72.79) a barrel, as Hamas fired rockets at Israel, which launched strikes against targets in …

irishtimes.com

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Brent Crude Jumps Above $80 A Barrel As Investors Weigh U.S.

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2 days ago · By Myra P. Saefong and William Watts . Oil futures were up strongly Monday, with Brent crude on track for its first finish above $80 a barrel since August, as investors assess the …

morningstar.com

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Brent Could Hit $80 This Summer As Hedge Funds Lose Steam

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Oct 3, 2020 · But there is still room for oil to run and Brent could go as high as $80 a barrel this summer, due to geopolitical issues, OPEC and allies’ cuts, resilient demand, and not-so …

energybulletin.org

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Brent Crude Surges Above $80 As Conflict And Storm Spark Supply …

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Brent crude, the global oil benchmark, rose 3.7 per cent to settle at $80.93 a barrel, the highest since August, as the Middle East braced for the possibility of Israeli strikes on Iranian oil …

dur.ac.uk

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Brent Could Hit $80 This Summer As Hedge Funds Lose Steam

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Apr 14, 2019 · Brent could go as high as $80 a barrel this summer, due to geopolitical issues, OPEC and allies’ cuts, resilient demand, and not-so-crowded hedge fund longs Type your …

oilprice.com

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Oil Prices Remain Rangebound End-Aug As Hedge Funds Go

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Aug 31, 2023 · But modest mid-$80 prices seem about par as a hedge funds fuelled rally stalls. ... Why Oil Has Hit A 3-Month High With Brent Touching $80. Jan 10, 2025, 11:19am EST.

forbes.com

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Brent Crude Surges Above $80 As Conflict And Storm Spark Supply …

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Oct 7, 2024 · Brent crude, the global oil benchmark, rose 3.7 per cent to settle at $80.93 a barrel, the highest since August, as the Middle East braced for the possibility of Israeli strikes on …

ft.com

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Brent Prices To Be Well Supported Near $80/bbl, Says Morgan Stanley

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Aug 25, 2023 · Morgan Stanley expects Brent crude prices to be well supported around $80 per barrel as the oil market is likely to remain in a deficit in the second of half of 2023 before …

reuters.com

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Oil Rally Has More Room To Run, Brent Expected To Hit $80/bbl

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June 11 (Reuters) - U.S. investment bank Goldman Sachs expects Brent crude prices to reach $80 per barrel this summer, betting that a recent oil market rally will continue as vaccination …

nasdaq.com

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Oil Could Reach $80 This Summer, But There’s A Catch

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Jun 8, 2021 · After having a year to forget in 2020, the energy sector has this year emerged as the best-performing of all 11 U.S. market sectors. Energy Select Sector SPDR ETF …

oilprice.com

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Brent: Here’s Why Oil Could Hit $80 By Year End – JP Morgan

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Jul 21, 2021 · “Oil to surge beyond $80/barrel for Brent by year-end. Its 2022 year-end target is $62/barrel. “There is a risk of oil prices overshooting as the oil and gas industry reaches a …

fxstreet.com

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Brent Crude Oil Could Hit $80 This Summer As Hedge Funds Lose …

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Apr 15, 2019 · Brent crude oil and WTI crude oil prices hit a five month high this week amid signs of tightening market and clashes in wildcard OPEC producer Libya. Brent crude oil topped $71 …

medium.com

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Brent Crude Oil Could Hit $80 This Summer As Hedge Funds Lose …

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But there is still room for oil to run and Brent could go as high as $80 a barrel this summer, due to geopolitical issues, OPEC and allies’ cuts, resilient demand, and not-so-crowded hedge fund …

expertcrudeoil1.blogspot.com

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Brent Crude Oil Should Surpass $80/bbl, Bearish Sentiment Is …

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UBS analysts believe concerns about hurricane disruptions should not discourage investors on crude oil.

seekingalpha.com

FAQs about Brent Could Hit $80 This Summer As Hedge Funds Lose Steam Coupon?

Why have hedge funds slashed short-only bets against Brent crude prices?

(Bloomberg) -- Hedge funds fled bearish bets against Brent crude prices at the fastest pace in nearly eight years as war risks ratcheted up. Money managers slashed short-only bets against Brent by 47,977 lots to 91,222, marking the biggest cut since December 2016, according to ICE Futures Europe data. ...

Will Brent crude oil rise above 80/bbl in upcoming months?

She forecasts Brent Crude Oil (CO1:COM) to rise above 80/bbl in the upcoming months and suggests that risk-seeking investors should consider selling downside price risks. ...

Will Brent crude prices support $80 per barrel in 2023?

Aug 25 (Reuters) - Morgan Stanley expects Brent crude prices to be well supported around $80 per barrel as the oil market is likely to remain in a deficit in the second of half of 2023 before returning to a small surplus next year. ...

Are hedge funds changing their minds about crude oil prices?

According to Reuters' data, hedge funds and other money managers revised their views on crude oil prices by adjusting their positions in 29 million barrels via futures and options contracts in the week ending August 22, 2023. ...

Did hedge funds adjust their positions in 29 million barrels in 2023?

According to data published by Reuters, hedge funds and other money managers adjusted their positions by 29 million barrels via futures and options contracts in the week ending August 22, 2023. Sales of NYMEX and ICE WTI (16 million barrels) and Brent (13 million barrels) were recorded, the newswire noted, citing regulatory and exchange data. ...

How did Brent & West Texas Intermediate compare?

At 9:30am EST, the Brent front-month crude futures contract was up 4.49% or $3.47 to $80.67 per barrel while the West Texas Intermediate was trading at $77.74, up 4.62% or $3.44. Such intraday trading levels for both benchmarks were last seen in October 2o24. ...