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EconomyHedge funds cut bullish oil bets before an election-day slide

As the US and Iran struck rare de-escalatory notes, hedge funds reduced bullish crude positions by the most since June, leaving them positioned to profit from the selloff following the Democrats’ sweep of Congress.

hedge fundscrude oiloil pricesUS election

BBloomberg News★★☆☆☆2026-11-07 06:00Original

Hedge funds cut bullish oil bets before an election-day slide
Hedge funds cut bullish oil bets before an election-day slideEconomy