Hedge Funds Boost Bullish Stance in Brent Crude to 5-Year High

  • Net-long positions increase by 31,346 contracts: ICE Futures
  • WTI shows different trend as net-longs decline by 4.8%

What's Changed in the Way Oil Is Priced?

Hedge funds boosted their bullish stance in Brent crude to the highest in at least five years as prices near $30 a barrel drew speculative buyers.

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