RPT-COLUMN-Hedge funds trapped in near-term Brent futures: Kemp
22 May RPT-COLUMN-Hedge funds trapped in near-term Brent futures: Kemp
Posted at 01:00h
in
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by KMFSLLP
LONDON, May 22 (Reuters) – Hedge funds are rolling forward
long positions in the Brent futures contract, and in the absence
of offsetting factors this is depressing the value of expiring
contracts, pushing futures prices into contango.
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