Hedge funds shift from oil shorts to renewables as energy bets reverse

3 hours ago 1
Energy Storage System. Solar Panel, wind turbines and Li-ion battery container

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Hedge funds have turned bearish on oil stocks while easing short positions in solar, marking a reversal of energy strategies that have dominated since 2021, according to Bloomberg Green’s analysis of Hazeltree data covering roughly 700 funds with $700 billion in assets.

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