Hedge funds observe caution, wait for clear sign of oil rebalancing
Businessam Staff
July 17, 2017
![](https://www.businessamlive.com/wp-content/uploads/2017/07/Hedge-Funds.jpg)
Hedge funds have continued to cover their short positions in crude and refined products, but the impact on oil prices has been surprisingly muted so far, with a much smaller rally in prices than expected. Hedge funds and other money managers reduced short positions in the five main futures and options contracts linked to petroleum […]