Hedge Fund News From HedgeCo.Net


Hedge funds target WTI, leaving other oil contracts becalmed:

(Reuters) – Hedge fund managers have continued to boost their bullish exposure to U.S. crude futures and options, following a longer-than-expected disruption of pipeline deliveries from Canada.Position-building in U.S. crude, also known as WTI, accounted for almost all changes in the petroleum complex in the week to July 3. Hedge funds and other money managers raised their net long position in the six most important petroleum futures and options contracts by 47 million barrels.

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