Hedge Funds Most Bullish WTI Since July as Drillers Plan Return
2015-05-10 23:01:00.6 GMT
By David Marino
(Bloomberg) -- Money managers’ net-long position up 10,032
contracts of futures, options to 268,183 in wk ended May 5,
highest since July 29, according to CFTC data.
* EOG plans to increase drilling once prices stabilize
~$65/bbl, PXD to use more rigs as early as July
* RBOB net-longs down 700 to 24,969
* ULSD net-shorts down 5,188 to 8,426
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David Marino at +1-212-617-1894 or
dmarino4@bloomberg.net
2015-05-10 23:01:00.6 GMT
By David Marino
(Bloomberg) -- Money managers’ net-long position up 10,032
contracts of futures, options to 268,183 in wk ended May 5,
highest since July 29, according to CFTC data.
* EOG plans to increase drilling once prices stabilize
~$65/bbl, PXD to use more rigs as early as July
* RBOB net-longs down 700 to 24,969
* ULSD net-shorts down 5,188 to 8,426
Story link
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
David Marino in New York at +1-212-617-1894 or
dmarino4@bloomberg.net
To contact the editor responsible for this story:
David Marino at +1-212-617-1894 or
dmarino4@bloomberg.net