January 31, 2025 20:36 GMT
AMERICAS OIL: Hedge Fund Managers Flip to Net Bearish on Nymex Diesel: Bloomberg
AMERICAS OIL
Hedge Fund Managers Flip to Net Bearish on Nymex Diesel: Bloomberg
- Money managers have flipped to bearish from bullish on Nymex diesel as short positions outnumbered long ones by 252, weekly CFTC data on futures and options show.
- The traders had been net-long by 3,304 positions a week earlier
- Long-only positions fell 813 lots to 41,173 in the week ending Jan. 28
- Short-only positions rose 2,743 lots to 41,425
- The short-only total was the highest in five weeks
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