NEW YORK (Reuters) - Passive investment funds are poised to shift an estimated $2 billion from far-term to near-term crude futures over the next week, anticipating an energy market rally as a historic OPEC output cut slashes supply.
Reuters: Business News, Reuters: Business
Sun, 02/26/2017 - 4:25pm
NEW YORK (Reuters) - Passive investment funds are poised to shift an estimated $2 billion from far-term to near-term crude futures over the next week, anticipating an energy market rally as a historic OPEC output cut slashes supply.