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AMERICAS OIL: Hedge Funds Cut Net Bullish Nymex Diesel Bets to 6-Week Low: BBG

AMERICAS OIL
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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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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