RE:Hedge fund unloading their oil contract….There was a fellow from Blackrock on BNN this AM and I'm sure I heard him say they were underweighting oil stocks currently.. but felt that next year the returns would be strong.. now I didn't catch the whole comment but it wouldn't surprise me to hear them do something like that.. they're huge players and can dictate the markets direction in any given sector.. I'll see if I can find the interview and post it..??
RevT79 wrote: Are they selling contract or selling short contract??? Huge difference here!!! Knowing those fukking hedge fund they just shorting the living shhit of oil rigth now !!!!!