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AMERICAS OIL: Net Bullish Nymex WTI Crude Oil Bets Cut to 16-Week Low: BBG

AMERICAS OIL
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Net Bullish Nymex WTI Crude Oil Bets Cut to 16-Week Low: Bloomberg 

  • Money managers have decreased their bullish Nymex WTI crude oil bets by 18,907 net-long positions to 103,330, weekly CFTC data on futures and options show.
  • The net-long position was the least bullish in 16 weeks
  • Long-only positions fell 13,361 lots to 185,251 in the week ending Feb. 18
  • The long-only total was the lowest in 10 weeks
  • Short-only positions rose 5,546 lots to 81,921
  • The short-only total was the highest in more than five months
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Net Bullish Nymex WTI Crude Oil Bets Cut to 16-Week Low: Bloomberg 

  • Money managers have decreased their bullish Nymex WTI crude oil bets by 18,907 net-long positions to 103,330, weekly CFTC data on futures and options show.
  • The net-long position was the least bullish in 16 weeks
  • Long-only positions fell 13,361 lots to 185,251 in the week ending Feb. 18
  • The long-only total was the lowest in 10 weeks
  • Short-only positions rose 5,546 lots to 81,921
  • The short-only total was the highest in more than five months