Is the Oil Price Collapse Finally Over? ...Middle East

Economy by : (OILPRICE) -
Oil prices have been tumbling in recent weeks, but there are signs that they may have hit their bottom, with glints of bullish sentiment and Goldman Sachs saying it doesn't expect Brent to fall below $75. Beaten But Not Broken, Commodities Need to Regain Trust of Investors - Hedge funds and other money managers turned bearish on commodity futures for the first time since 2016 as fears of economic slowdown dent investors’ trust that there is a bright future for raw materials over the next months. - After eight years of consecutive bullishness,…

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