Macro Finance
Hedge Funds Cut Bearish Bets on European Diesel to Two-Year Low
Bloomberg Markets·August 21, 2026·1 min read
Hedge funds slashed short-only positions on European diesel to the lowest in over two years while adding fresh bullish wagers, signaling traders anticipate a historic fuels crunch will persist. The shift in positioning reflects expectations of sustained tightness in the diesel market.
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