Hedge funds shuffle positions as OPEC decision nears: Kemp

Hedge funds have started to rebuild bullish long positions in crude oil as OPEC prepares to extend its production cuts for an additional nine months.

Hedge funds turn bearish on oil and refined fuels: Kemp

Hedge funds and other money managers were turning increasingly bearish towards oil even before prices plunged on Thursday.

Funds prepare $2 billion oil market play as supply tightens

Passive investment funds are poised to shift an estimated $2 billion from far-term to near-term crude futures over the next week, anticipating an energy market rally as a historic OPEC output cut slashes supply.

Yang Ming Eyes Fresh Funds, Upgrades Philippine Service

Taiwanese container shipping company Yang Ming Marine Transport Corporation (Yang Ming) is looking to raise some TWD 1.69 billion (USD 54.8 million) in an effort to strengthen its finances under the recovery plan outlined earlier in 2017.

Ever Harvest to raise funds for vessel acquisitions

Hong Kong’s Ever Harvest Group has proposed to issue around 350m shares to raise funds for acquiring...

HHIC to get additional funds from creditors for restructuring

South Korea’s Hanjin Heavy Industries & Construction (HHIC) is set to receive an additional KRW120bn ($103.1m...

Big funds dumped bullish bets as oil crashed to 12-year low

Hedge funds began the year by slashing their bullish wagers on U.S. crude oil to the lowest since 2010, bailing out of the market just as oil prices were tumbling toward toward 12-year lows, data showed. ...