Brent Crude Trend Is Down, Hedge Funds Are Long - Supply and demand don't determine commodity #futures prices, traders do and managed-money (#hedgefund) net longs in Brent #crudeoil are nearing a price-peak danger zone. The full report is on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/sr9diat1um0w {BI COMD} #commodities #energy @BBGIntelligence