{"id":61603,"date":"2018-01-02T09:02:49","date_gmt":"2018-01-02T14:02:49","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=61603"},"modified":"2018-01-02T09:02:49","modified_gmt":"2018-01-02T14:02:49","slug":"opec-wins-over-hedge-funds-to-make-2017-oils-most-bullish-year","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2018\/opec-wins-over-hedge-funds-to-make-2017-oils-most-bullish-year.html","title":{"rendered":"OPEC Wins Over Hedge Funds to Make 2017 Oil&#8217;s Most Bullish Year"},"content":{"rendered":"<p>(Bloomberg) Oil bulls are charging into the new year with unprecedented vigor, and the credit goes to OPEC. The signs that the group is winning its tug of war with shale are compelling, and money managers have taken note: Their combined bets on rising prices for West Texas Intermediate and Brent crude reached record levels in December.   \u201cAt least through the first half of 2018, they\u2019ll stay pretty bullish,\u201d said Ashley Petersen, lead oil-market strategist at Stratas Advisors in New York. \u201cJune will be a real turning point because that\u2019s when we\u2019ll hear about unwinding the deal, and if OPEC doesn\u2019t handle it delicately, then there will be concern that the market will be flooded with oil again.\u201d<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-12-30\/opec-wins-over-hedge-funds-to-make-2017-oil-s-most-bullish-year\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Oil bulls are charging into the new year with unprecedented vigor, and the credit goes to OPEC. The signs that the group is winning its tug of war with shale are compelling, and money managers have taken note: Their [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-61603","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=61603"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61603\/revisions"}],"predecessor-version":[{"id":61604,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61603\/revisions\/61604"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=61603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=61603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=61603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}