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AMERICAS OIL: Hedge Funds Boost Net Bullish Nymex Gasoline Bets to 4-Week High

AMERICAS OIL
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  • Hedge Funds Boost Net Bullish Nymex Gasoline Bets to 4-Week High
  • Bloomberg reports money managers have increased their bullish Nymex gasoline bets by 3,826 net-long positions to 57,223, weekly CFTC data on futures and options show.
  • The net-long position was the most bullish in four weeks
  • Long-only positions rose 7,465 lots to 79,943 in the week ending Jan. 14
  • The long-only total was the highest in four weeks
  • Short-only positions rose 3,639 lots to 22,720
  • The short-only total was the highest in 11 weeks
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  • Hedge Funds Boost Net Bullish Nymex Gasoline Bets to 4-Week High
  • Bloomberg reports money managers have increased their bullish Nymex gasoline bets by 3,826 net-long positions to 57,223, weekly CFTC data on futures and options show.
  • The net-long position was the most bullish in four weeks
  • Long-only positions rose 7,465 lots to 79,943 in the week ending Jan. 14
  • The long-only total was the highest in four weeks
  • Short-only positions rose 3,639 lots to 22,720
  • The short-only total was the highest in 11 weeks