US Traders Go Long on Nymex

摘要

Speculative traders increased their net long positions in Nymex crude futures and options contracts last week in a bet that prices will rise. The move took their combined net long position to the highest level in about five months. Money managers — which include hedge funds and other deep-pocketed speculators — added more than 25,000 contracts on the long side for the week ending Oct. 25. Net long positions are now just shy of 200,000 contracts, ac- cording to the latest Commitment of Traders report from the Commodity Fu- tures Trading Commission (CFTC).