Hedge Funds Now Focused on Refined Oil Products

  • Jul 28, 2020 NZST
  • Team Kalkine
Hedge Funds Now Focused on Refined Oil Products

Hedge funds are back for oil with money managers and hedge funds cumulatively purchasing 28 million barrels in the week to 21 July 2020.

  • However, the focus of hedge funds has now shifted to refined products rather than crude oil.
  • As per Reuters, Portfolio managers remained net buyers of refined products in 14 out of the last 17 weeks, increasing total position by 388 million barrels since the end of March 2020.


The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK