March 14, 2025 19:36 GMT
AMERICAS OIL: Hedge Funds Cut Net Bullish Nymex Diesel Bets to 6-Week Low: BBG
AMERICAS OIL
Hedge Funds Cut Net Bullish Nymex Diesel Bets to 6-Week Low: Bloomberg
- Money managers have decreased their bullish Nymex diesel bets by 10,676 net-long positions to 3,225, weekly CFTC data on futures and options show.
- The net-long position was the least bullish in six weeks
- Long-only positions fell 8,694 lots to 43,573 in the week ending March 11
- The long-only total was the lowest in six weeks
- Short-only positions rose 1,982 lots to 40,348
- The short-only total was the highest in six weeks
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