Hedge funds raised their bullish bets on Brent crude

“Hedge funds raised their bullish bets on Brent crude by 12,484 contracts in the week ending February 18. The net-long position is still only half of last August’s record and shows how the bullish sentiment in the market is skewed towards WTI crude.”

Brent crude net-long rises 10 percent, but well below the record

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