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Analysis: Hedge funds still selling oil over global concerns
9/10/2019

US-China trade tensions and slowing global economic growth have hedge funds more pessimistic on oil prices, causing them to be net sellers for the fifth time in seven weeks. "Until the threat of recession is realized, or lifted, portfolio managers are likely to remain cautious and avoid running a significant net long or short position across the complex," writes analyst John Kemp.

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