INSUBCONTINENT EXCLUSIVE:
since May.
Their net-bullish wagers on Brent crude climbed for the ninth week in 10, reaching a seven-month high, data released Friday show
Yawger at Mizuho Securities USA
Brent net-long position, or the difference between bullish and bearish bets, climbed 1% to 402,455 futures and options, the highest level
since May, according to ICE Futures Europe data for the week ended Dec
Long-only wagers rose 2.4%, while shorts increased 11%.
The United States Commodity Futures Trading Commission will release its report with
wagers on West Texas Intermediate crude on Monday because of the Christmas holiday.