John Kemp, Reuters, does a great job analyzing hedge fund positions in energy, here…
”Hedge fund managers have never seemed so convinced that oil prices are set to rise rather than fall in the near term, according to the latest positioning data published by regulators and exchanges.”
It seems even the contrarians are on the run… (Maybe not, June WTI $60 puts now have the most open interest at around 50,000)…
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