Markets

Investors raise Brent futures longs, gasoil shorts

Published June 10, 2013 Updated June 10, 2013 11:50am

1 min

By Muhammad Iqbal

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LONDON: Speculators raised their net long positions in Brent crude oil futures and net short positions in gasoil in the week to June 4, data from the IntercontinentalExchange (ICE) showed on Monday.

Money managers raised net long positions in Brent by 3,354 contracts to 164,904 contracts, while net short positions in ICE gasoil rose by 514 to 8,365 contracts.

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