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Hedge Funds Pivot from Oil to Green Energy Amid Market Shifts
Hedge Funds Pivot from Oil to Green Energy Amid Market Shifts
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BTCCSquare news:
Hedge funds are rapidly reversing their energy strategies, abandoning oil bets in favor of green sectors. Short positions on the S&P Global Oil Index have dominated for months, while bearish wagers against solar ETFs hit multi-year lows. The shift reflects weakening oil demand signals and OPEC+'s production surge, compounded by U.S. economic slowdown concerns.
Renewables gain momentum as AI emerges as a potential energy demand catalyst. Solar and wind markets show renewed vitality, with electric vehicle adoption adding to the sector's tailwinds. Meanwhile, U.S. shale producers face existential threats if prices tumble toward $50/barrel under potential supply gluts.
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