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OIL: Net Bullish Nymex WTI Crude Oil Bets Cut to 8-Week Low: Bloomberg

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Net Bullish Nymex WTI Crude Oil Bets Cut to 8-Week Low: Bloomberg 

  • Money managers have decreased their bullish Nymex WTI crude oil bets by 51,252 net-long positions to 140,540, weekly CFTC data on futures and options show.
  • The net-long position was the least bullish in eight weeks
  • Long-only positions fell 35,478 lots to 197,981 in the week ending Feb. 4
  • The long-only total was the lowest in eight weeks
  • Short-only positions rose 15,774 lots to 57,441
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Net Bullish Nymex WTI Crude Oil Bets Cut to 8-Week Low: Bloomberg 

  • Money managers have decreased their bullish Nymex WTI crude oil bets by 51,252 net-long positions to 140,540, weekly CFTC data on futures and options show.
  • The net-long position was the least bullish in eight weeks
  • Long-only positions fell 35,478 lots to 197,981 in the week ending Feb. 4
  • The long-only total was the lowest in eight weeks
  • Short-only positions rose 15,774 lots to 57,441