Hedge Funds Dump Crude Long Positions

Hedge funds’ long-only positions in WTI Crude Oil dropped to 172,576, in the week ending March 4, near the lowest since 2010.

Long positions have dropped by a MASSIVE ~100,000 over the last few weeks as oil prices have declined.

Since mid-January, oil prices have fallen 17%, to $67, near the lowest since September 2024.
This marks a 7-straight week decline, matching the streak recorded in October-November 2023.

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#HedgeFunds #WTICrudeOil #InvestmentTrends #MarketAnalysis #FinancialInsights

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