Hedge funds increase WTI net-long position… Bloomberg

by Jim Colburn • Monday, July 31, 2017

No surprise here, from Bloomberg:

“Hedge funds increased their WTI net-long position — the difference between bets on a price increase and wagers on a drop — by 11 percent to 238,501 futures and options over the week ended July 25, data from the U.S. Commodity Futures Trading Commission showed. Shorts slipped by 22 percent and stood at less than half their level at the end of June. Longs fell 0.2 percent.”

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