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OIL: Hedge Funds Boost Net Bullish Nymex Diesel Bets to 11-Month High: BBG

OIL

Hedge Funds Boost Net Bullish Nymex Diesel Bets to 11-Month High: Bloomberg 

  • Money managers have increased their bullish Nymex diesel bets by 7,784 net-long positions to 13,865, weekly CFTC data on futures and options show.
  • The net-long position was the most bullish in about 11 months
  • Long-only positions rose 6,438 lots to 50,971 in the week ending Feb. 11
  • The long-only total was the highest in about 15 months
  • Short-only positions fell 1,346 lots to 37,106
  • The short-only total was the lowest in about seven months
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Hedge Funds Boost Net Bullish Nymex Diesel Bets to 11-Month High: Bloomberg 

  • Money managers have increased their bullish Nymex diesel bets by 7,784 net-long positions to 13,865, weekly CFTC data on futures and options show.
  • The net-long position was the most bullish in about 11 months
  • Long-only positions rose 6,438 lots to 50,971 in the week ending Feb. 11
  • The long-only total was the highest in about 15 months
  • Short-only positions fell 1,346 lots to 37,106
  • The short-only total was the lowest in about seven months