Hedge funds increase WTI net-long position… Bloomberg

July 31, 2017 by Jim Colburn Leave a Comment

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.”

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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