Brent short positions have reached a historical high not seen in nearly a decade.

CN
Phyrex
Follow
2 hours ago

Brent short positions have reached a historic high not seen in nearly a decade

Hedge funds and other institutional investors are betting on falling oil prices. The latest data shows that Brent crude oil short positions have approached 18 to 19 billion dollars, significantly exceeding most peak levels of the past few years.

This figure has more than tripled in the past three months. It indicates that funds began to position themselves for shorting Brent oil prices since the start of the war, reflecting a consistent consensus in the market regarding the decline in crude oil.

The main reason is the phased end of the conflict between the United States and Iran, with market predictions indicating that the Strait of Hormuz will remain open.

However, it appears that the shorting has become quite crowded at this point. Considering the pre-war level of around 70 dollars, I personally feel that starting to short now might be a bit late.


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink