Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Globe Investor

Inside the Market

Up-to-the-minute insights
on developing market news

Entry archive:

Here's why oil stocks are going nowhere for the foreseeable future Add to ...

Subscribers Only

Futures markets indicate that bullishness on the price of oil is reaching 12-month highs, a surprising development when most signs point to minimal upside for the commodity’s price.

The first chart below compares the West Texas intermediate crude price with speculative futures positioning (the Commodities Futures Trading Commission releases the data weekly and the “Non-Commercial” category is used as a proxy for hedge fund investments).

Report Typo/Error

Follow on Twitter: @SBarlow_ROB

 

Topics

Next story

loading