Monday, March 22, 2010

More Open Interest

Bloomberg:
Speculators’ Bets on Natural Gas Drop Reach a Record, CFTC Says
"There was “heavy, heavy managed money” buying in oil and selling in natural gas, said Peter Beutel,
...Speculators increased net-long positions for crude oil by 14,829 to 124,143 contracts in the same period, according to the commission.... Net-long positions, or bets that gasoline prices will rise, also hit a record high, according to the CFTC.

Rbob Apr. 
click to enlarge
Wonder where they bought?




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