Oil Prices Soar On Hedge Fund Short Squeeze
April 03, 2023 at 12:05 PM EDT
Over the weekend, and ahead of the OPEC+ output cut shocker, we first reported that short WTI bets had already collapsed by the most in 7 years following last week’s sharp spike in oil prices. Now, it’s energy guru John Kemp’s turn to report that investors started to pair back short positions in petroleum even […] Source
