Hedge Funds Trim Oil Longs, but Some Investors add to Oil ETFs
August 18, 2015 at 08:00 AM EDT
A brief tryst with bullish oil positions among professional investors appears to have been just that: Brief. Some investment banks, though, are growing more bullish on the oil outlook for the rest of the year. For example, JP Morgan (NYSE: JPM) projects Brent crude oil to rise to $65 per barrel in...