Oil-price pain unlikely to abate over next 4 to 6 weeks, says trader who has scored 34% 2020 gain on crude rout
April 23, 2020 at 10:07 AM EDT
There’s no easy way out of the global oil glut that’s caused a historic, and occasionally bizarre, collapse in crude prices this spring, according to a long-time commodity-focused hedge-fund manager who has scored big gains during the market’s slide.