Hedge funds sell energy stocks before Middle East conflict - Goldman

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Explore stories from Atlantic Canada.

LONDON - Global hedge fund managers were selling U.S. stocks sensitive to commodities at an accelerated pace in the week ending October 6, according to a Goldman Sachs note to clients, just before the price of oil jumped more than $3 a barrel on Monday.

The jump in the price of crude on Monday reversed last week's downtrend - the largest weekly decline since March - in which Brent fell about 11% and WTI retreated more than 8% amid concern about high interest rates and their impact on global demand. Saudi officials had reportedly told the White House on Friday that as part of the deal, they might have raised oil output, after months of supply cuts.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 45. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Hedge funds sell energy stocks before Middle East conflict - GoldmanGlobal hedge fund managers were selling U.S. stocks sensitive to commodities at an accelerated pace in the week ending October 6, according to a Goldman...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »