Quote:
Originally posted by PhiPsiRuss
Are there any good articles that I can read on the role of hedge funds in current oil pricing?
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I can't find anything on the internet. But I'm not saying that the funds are the only reason for the increase in prices. I'm saying they are a big reason...big difference. If tomorrow the cartel increased prices, lowered output, and sat happy then hedge funds then the cartel is the biggest reason. Historically, cartels have been the biggest reason but hey hedge funds have not been around forever nor have they taken oil positions since their creation.
-Rudey