Hedge Funds' Bets Against Oil Reach A Four-Year HighVW Staff
As oil futures trade below $50 a barrel, short positions in oil futures and options are touching multi-year highs
Hedge funds are going all out against oil, as short positions in crude markets reach a four-year high. Data from CFTC shows that short positions in West Texas Intermediate crude increased to 92,403 futures and options in the week ending January 20th.
Oil below $50 will be the new normal
The current wager on the fall in oil prices is the . . .
This content is exclusively for paying members. Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click chat