Hedge Funds Fled Bullish Oil Bets Ahead of Election Day Drop
Hedge funds cut bullish crude bets by the most since June as the US and Iran struck rare de-escalatory notes, positioning them to profit from the selloff after the Democratic sweep of Congress.
Read the full story at Bloomberg Markets ↗
ImpactNotable
Published20 h ago (Fri, 06 Nov 2026 21:29:28 GMT)
AuthorLorelei Smillie and Mia Gindis
MoreLess
Impact score49/100
RatingProbability of 62%.
RegionsGlobal
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ClassifiedFri, 06 Nov 2026 22:00:55 GMT by classifier