Is $100 Oil Within Reach? | OilPrice.com
We have a situation where there is still bullish pressure on crude from both the demand and supply side, despite a sustained climb in prices this year
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We have a situation where there is still bullish pressure on crude from both the demand and supply side, despite a sustained climb in prices this year
Money managers have become increasingly bullish on crude oil amid the geopolitical tensions in the Middle East and growing confidence that the U.S. will successfully avoid a recession this year
Hedge funds and other portfolio managers ended the last week of 2023 with the most new bearish positions in futures and options contracts since March and the second-largest jump in weekly short additions since 2017
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