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Oil Rises as Saudis See Market Balanced by June, U.S. Rigs Drop
published Jan 16th 2017, 1:08 pm, by Robert Tuttle and Grant Smith (Bloomberg) —Oil rose in New York after Saudi Arabia’s energy minister said OPEC probably won’t need to extend its supply cuts beyond June as the market reaches a balance. Futures rose 0.5 percent in New York after losing
The Short-Seller Edge That Hedge Funds Get From Crucial Time Lag
©2015 Bloomberg News NO5K4M6TTDS1 (Bloomberg) — In today’s U.S. stock market, trading is fast approaching the speed of light. Yet for one crucial piece of information, many investors still have to wait as long as two weeks for updates. “Short interest,” Wall Street speak for how heavily a company’s stock is
