Hedge funds are betting OPEC will struggle to reverse oil’s precipitous plunge. Their combined wagers against West Texas Intermediate and Brent crude soared for a seventh straight week, the longest global short-selling streak in data going back to 2011. The bearish bets jumped 14 percent in the...
https://www.hellenicshippingnews.com/oil-short-selling-continues-to-rise-with-faith-in-opec-waning/