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Hedge funds sell energy stocks, increase bearish bets

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NEW YORK/LONDON, Sept 18 - Hedge funds ditched energy stocks last week for the first time in three weeks, despite a rally in oil prices triggered by the prospect of a widening supply deficit, Goldman Sachs said in a report.

Goldman Sachs, as one of the biggest providers of lending and trading services to investors through its prime brokerage unit, is able to track hedge funds' investment trends.

 

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