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OIL: Hedge Funds Boost Net Bullish Nymex Gasoline Bets to 3-Week High: Bloomberg

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Hedge Funds Boost Net Bullish Nymex Gasoline Bets to 3-Week High: Bloomberg

  • Money managers have increased their bullish Nymex gasoline bets by 1,909 net-long positions to 48,683, weekly CFTC data on futures and options show.
  • The net-long position was the most bullish in three weeks
  • Long-only positions rose 263 lots to 72,714 in the week ending Feb. 11
  • The long-only total was the highest in three weeks
  • Short-only positions fell 1,646 lots to 24,031
  • The short-only total was the lowest in four weeks
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Hedge Funds Boost Net Bullish Nymex Gasoline Bets to 3-Week High: Bloomberg

  • Money managers have increased their bullish Nymex gasoline bets by 1,909 net-long positions to 48,683, weekly CFTC data on futures and options show.
  • The net-long position was the most bullish in three weeks
  • Long-only positions rose 263 lots to 72,714 in the week ending Feb. 11
  • The long-only total was the highest in three weeks
  • Short-only positions fell 1,646 lots to 24,031
  • The short-only total was the lowest in four weeks