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Money Managers Cut Net Bullish Gasoil Positions

OIL PRODUCTS

Money managers have cut their bullish gasoil bets by 4,517 net-long positions to 95,247, Bloomberg said, citing ICE data.

  • Long-only positions rose 5,098 lots to 118,018 in the week ending July 2, the highest in 19 weeks.
  • Short-only positions rose 9,255 lots to 22,771, the highest in three weeks.

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