Energi

Hedge funds add fuel to oil price rally with bets on rise above $100

Speculators have increased their long positions as crude has climbed almost 30 % since June.

Analysts said Prince Abdulaziz bin Salman’s stance could yet become a self-fulfilling prophecy: rising prices risk complicating central banks’ exit strategies and hampering global demand for oil.
Analysts said Prince Abdulaziz bin Salman’s stance could yet become a self-fulfilling prophecy: rising prices risk complicating central banks’ exit strategies and hampering global demand for oil.Foto: Yves Herman/Reuters/NTB
  • George Steer (FT)
  • David Sheppard (FT)
Publisert 21. September 2023, kl. 11.48Oppdatert 21. September 2023, kl. 11.48
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