BREAKING 🚨
Hedge funds are aggressively betting on lower oil prices, with net short bets on Brent crude oil reaching $18 billion.
Brent crude oil has seen significant sales, with $7.5 billion sold in the week ending June 16th, the largest weekly sale since April 2025, with new short positions accounting for 80% of total sales ⚡. This marks the 7th consecutive weekly sale, totaling $24.8 billion.
The short oil trade is becoming increasingly crowded, sparking concerns about its sustainability, stay tuned for updates 📢.
$HEI, $DEXE, $BEAT
Hedge funds are aggressively betting on lower oil prices, with net short bets on Brent crude oil reaching $18 billion.
Brent crude oil has seen significant sales, with $7.5 billion sold in the week ending June 16th, the largest weekly sale since April 2025, with new short positions accounting for 80% of total sales ⚡. This marks the 7th consecutive weekly sale, totaling $24.8 billion.
The short oil trade is becoming increasingly crowded, sparking concerns about its sustainability, stay tuned for updates 📢.
$HEI, $DEXE, $BEAT