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September 01, 2020 10:18am
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Oil Prices Fall on Hedge Funds Trimming Bullish Bets

Oil prices soared to stratospheric levels following fears of a potential supply crunch after Russia’s invasion of Ukraine. Now, prices are coming back down to earth as big players like hedge funds are starting to trim their bets. Hedge funds “slashed net-bullish Brent oil bets to their lowest...
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