Brent crude soars above $80 as hedge funds reverse short bets

Oct 8, 2024 · Brent crude soars above $80 as hedge funds reverse short bets. October 8, 2024 ... The report cites ICE data as revealing that funds reduced their short positions against Brent …

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

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Oct 8, 2024 · Brent crude soars above $80 as hedge funds reverse short bets. October 8, 2024 ... The report cites ICE data as revealing that funds reduced their short positions against Brent …

hedgeweek.com

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

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Oct 7, 2024 · Hedge funds reverse short positions as market has surged nearly 20% from year-to-date low in the last month The price of crude, which had dropped sharply since early April, …

ft.com

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Brent Crude Nears $80 As Hedge Funds Reverse Bets

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Oct 7, 2024 · Oil prices on Monday jumped above last week’s high amid mounting fears of escalating conflict in the Middle East. Brent crude, the global oil benchmark, rose as much as …

irishtimes.com

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

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Brent crude surges above $80 as conflict and storm spark supply fears. Hedge funds reverse short positions as market has surged nearly 20% from year-to-date low in the last month ...

dur.ac.uk

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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 Crude Soars Above $80 As Hedge Fund Reverse Short Bets

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Oct 9, 2024 · Brent crude soars above $80 as hedge fund reverse short bets. October 9, 2024: Permanent Link (Hedgeweek) Oil prices surged above $80 per barrel on Monday, driven by …

hedgeco.net

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Brent Crude Ends Above $80 On Rising Risk Of Israeli Response To ...

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Oct 7, 2024 · -- December Brent crude BRN00 BRNZ24, the global benchmark, rose $2.88, or 3.7%, to settle at $80.93 a barrel on ICE Futures Europe. Prices for the front month settled at …

morningstar.com

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Brent Crude Nears $80 As Hedge Funds Reverse Bets

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Oct 7, 2024 · Funds trimmed their large short bets against Brent and increased their long positions in the week to October 1, in the early stages of last week’s rally, according to ICE …

uknewsnetwork.co.uk

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

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Apr 14, 2019 · Goldman has lifted its average Brent price call for Q2 to $72.50 from $65 a barrel, but expects shale production to rise and OPEC to come under pressure to reverse some of the …

oilprice.com

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Oil Prices Climb Above US$80 Per Barrel — Capital Brief

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Oct 7, 2024 · The news: Brent crude prices surged above US$80, rising over 3% to a five-week high as escalating conflict in the Middle East fuelled fears of supply disruption. The context: …

capitalbrief.com

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Brent Oil Surges Past $80 Amid Middle East Conflict Fears

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Oct 7, 2024 · Brent crude surged above $80 per barrel on Monday, marking its highest price since August as heightened tensions in the Middle East spurred fears of supply disruptions. This …

nasdaq.com

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Brent Crude Jumps Above $80 A Barrel As Investors Weigh Russia Oil ...

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3 days ago · 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 potential hit to supply from a further …

morningstar.com

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Hedge Funds Add Fuel To Oil Price Rally With Bets On Rise Above $100

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Sep 21, 2023 · 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 …

ft.com

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Hedge Funds Scale Back Wagers On Higher Oil Price - Financial Times

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Jun 4, 2018 · That was one factor helping drive Brent to a four-year high above $80 a barrel late last month, but there are growing signs funds are losing their appetite.The combined net long …

ft.com

FAQs about Brent crude soars above $80 as hedge funds reverse short bets 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. ...

Why did Brent crude surge above $80 per barrel?

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Brent crude surged above $80 per barrel on Monday, marking its highest price since August as heightened tensions in the Middle East spurred fears of supply disruptions. ...

Did hedge fund positioning exacerbate a rise in crude prices?

Exchange and regulatory data suggested hedge fund positioning had exacerbated the near 30 per cent move higher in prices since June, with a surge in buying accelerating in the past two weeks for both Brent and US crude futures. ...

Why did oil prices rise above $80 on Monday?

For more information about how we use your data, please refer to our privacy and cookie policies. Oil prices surged above $80 on Monday as fears grow of an escalating conflict in the Middle East and possible supply disruptions in the US Gulf of Mexico from a major hurricane. ...

How did Brent & West Texas Intermediate's net long position perform?

The latest data showed that the combined fund net long position in Brent and West Texas Intermediate, the US benchmark, jumped by 137,000 contracts, or 35 per cent, to an 18-month high of 527,000 contracts in the two weeks to September 12. ...

Why did Brent rise 3%?

Brent's rally reflects broader anxiety, further exacerbated by escalating conflicts between Israel, Hamas, and Hezbollah. The situation could significantly impact Iran’s oil production, which is now almost at full capacity. US benchmark West Texas Intermediate crude also rose by more than 3% to reach approximately $77 per barrel. ...