OPINION: Oil hedge funds caught between sanctions and recession: Kemp Posted on May 17, 2022 by cngpump Hedge funds and other money managers held a net position in the six most important petroleum-related futures and options contracts of 548 million barrels on May 10 compared with 553 million on March 15. Related posts: OPINION: Hedge funds adjust to new normal in oil: Kemp CNG Pump Near Me In Mumbai US energy secretary says oil, gas output will continue to increase Biden orders release of 1 million barrels of oil per day from US strategic reserve for 6 months to tame gas prices OPINION: Decarbonizing aviation with Sustainable Aviation Fuels and Jet Engine Efficiency World Bank President Malpass welcomes India’s move of selling oil from its stockpiles Oil opens higher as OPEC warns of tight supply and Russian sanctions loom No agreement reached between Hungary, EU over Russian oil embargo European nations remain biggest importers of Russian energy In U-turn, IEA sees world weathering lost Russian oil supply