myarcadepocketplayer|WTI原油价格创7周新低：对冲基金空单增至1月以来最高

Newsletter summary

The price of WTI crude fell to a seven-week low, with hedge funds aggressively shorting WTI. CFTC data show that WTI crude oil net long position fell 6957 hands, short position increased 9705 hands, a new high. Higher-than-expected growth in US inventories, easing tensions in the Middle East, high inflation in the US and slowing economic growth have affected demand.

Text of news flash

[hedge funds cut their net long positions in WTI crude for the third week in a row, according to CFTC data] it is reported that hedge funds have significantly increased their short positions as the price of WTI crude oil fell to a seven-week low. According to the Commodity Futures Trading Commission (CFTC), hedge funds' net long positions in WTI crude oil fell in the week to April 30.MyarcadepocketplayerIt fell for the third day in a row, falling by 6957 to 172689. Meanwhile, hedge fund WTI short positions surged 9705 hands to 78141 hands, the highest level in a month.

This week, crude oil prices fell to their lowest level since mid-March, mainly due to higher-than-expected growth in US crude inventories and easing tensions in the Middle East. In addition, persistently high inflation in the United States has led the Federal Reserve to keep interest rates high, which limits the rise in the price of crude oil denominated in dollars. At the same time, the slowdown in US economic growth has also put pressure on demand for refined oil products such as gasoline and diesel.