Investors Pull Most Money From Oil Funds In Over 2 Years As Bears Return

by Tyler Durden
ZeroHedge.com
03/15/2016

Amid the last two weeks of exuberant short squeeze in crude oil (and anything energy related), investors pulled over $400 million from USO (the largest oil ETF). This week’s $348 million outflow is just shy of the record $354 million outflow in Dec 2013. As these outflows hit so bullish positions in oil ETFs have been dropping and bearish positions building once again.

The Rest…HERE

This entry was posted on Tuesday, March 15th, 2016 at 1:57 pm and is filed under Economics, Oil. You can follow any responses to this entry through the RSS 2.0 feed.