{"id":61978,"date":"2018-01-25T00:14:56","date_gmt":"2018-01-25T05:14:56","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=61978"},"modified":"2018-01-25T00:45:22","modified_gmt":"2018-01-25T05:45:22","slug":"oil-hedge-fund-bbl-commodities-sees-brent-at-80-on-opec-cuts-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2018\/oil-hedge-fund-bbl-commodities-sees-brent-at-80-on-opec-cuts-2.html","title":{"rendered":"Oil Hedge Fund BBL Commodities Sees Brent at $80 on OPEC Cuts"},"content":{"rendered":"<p>(Bloomberg) BBL Commodities LP, one of the world\u2019s largest oil-focused hedge funds, believes Brent crude will climb to $80 a barrel this year as stockpiles drop rapidly on the back of production cuts made by OPEC and its allies. &#8220;We think the market is vastly overestimating the near term inventory buffer,&#8221; Jonathan Goldberg, the founder of BBL Commodities, said in an interview last week. &#8220;Given the rise in demand over the past five years, inventories are especially low as a measure of forward cover.&#8221;<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-01-23\/oil-hedge-fund-bbl-commodities-sees-brent-at-80-on-opec-cuts\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) BBL Commodities LP, one of the world\u2019s largest oil-focused hedge funds, believes Brent crude will climb to $80 a barrel this year as stockpiles drop rapidly on the back of production cuts made by OPEC and its allies. &#8220;We [&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-61978","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61978","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=61978"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61978\/revisions"}],"predecessor-version":[{"id":61979,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61978\/revisions\/61979"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=61978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=61978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=61978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}