February 21, 2025 20:37 GMT
AMERICAS OIL: Hedge Funds Cut Net Bullish Nymex Gasoline Bets to 3-Week Low: BBG
AMERICAS OIL
Hedge Funds Cut Net Bullish Nymex Gasoline Bets to 3-Week Low: Bloomberg
- Money managers have decreased their bullish Nymex gasoline bets by 2,827 net-long positions to 45,856, weekly CFTC data on futures and options show.
- The net-long position was the least bullish in three weeks
- Long-only positions fell 2,816 lots to 69,898 in the week ending Feb. 18
- The long-only total was the lowest in seven weeks
- Short-only positions rose 11 lots to 24,042
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