Hedge Funds Cut Bearish Bets on European Diesel to Two-Year Low

Hedge funds slashed short-only positions on European diesel to the lowest in over two years while stacking up fresh bullish wagers, a sign that traders anticipate that a historic fuels crunch will stretch on.

Hedge funds slashed short-only positions on European diesel to the lowest in over two years while stacking up fresh bullish wagers, a sign that traders anticipate that a historic fuels crunch will stretch on.