February 14, 2025 20:32 GMT
OIL: Net Bullish Nymex WTI Crude Oil Bets Cut to 2-Month Low: Bloomberg
OIL
Net Bullish Nymex WTI Crude Oil Bets Cut to 2-Month Low: Bloomberg
- Money managers have decreased their bullish Nymex WTI crude oil bets by 18,303 net-long positions to 122,237, weekly CFTC data on futures and options show.
- The net-long position was the least bullish in more than two months
- Long-only positions rose 631 lots to 198,612 in the week ending Feb. 11
- Short-only positions rose 18,934 lots to 76,375
- The short-only total was the highest in about five months
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