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https://www.bloomberg.com/news/articles/2023-05-20/hedge-funds-ultra-bearish-oil-bets-signal-us-recession-angst
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Hedge Funds' Ultra-Bearish Oil Bets Signal US Recession Angst - Bloomberg
5/20/23 at 1:00pm
Organization
Bloomberg
Authors
Devika Krishna Kumar
Chunzi Xu
Details
55 words
Summarize
Investing
Business & Industrial
Hedge Funds
U.S.
Bloomberg
Money managers that trade derivatives linked to oil and fuel prices are about as bearish as they’ve been in more than a decade, suggesting they’re braced for a recession that could cause contracts from crude to jet fuel to take another tumble.
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