The hedge fund turned to the European diesel

the hedge fund significantly reduced its net empty position of european diesel fuel to its lowest level in more than two years, with a new watch-up bet. this suggests that traders expect that this historic fuel supply crisis will continue for some time. as the supply of crude oil from the middle east declined, and as ukraine stepped up its attacks on refineries again, most russian diesel exports were embargoed and the supply of diesel fuel was significantly tightened. according to data from the european futures of the intercontinental exchange, the hedge fund had reduced the net empty position of light diesel fuel (gasoil) by 309 hands to its lowest level since july 2024. at the same time, the hedge fund has added a net 1498-hand multi-head position, which has raised the number of total silos to the highest level since the week before the outbreak of the war in the united states and iraq. in net position, traders ' perception of light diesel has reached their highest level in about six months。