Why Oil Could Be Primed For A Huge Short Squeeze
 

Why Oil Could Be Primed For A Huge Short Squeeze
http://img-s-msn-com.akamaized.net/t...6&q=60&o=f&l=fWhile the oil industry continues to face pricing pressures due to global oversupply, one market metric indicates that there may be reason for optimism for oil prices in the short-term. According to the most recent data from Reuters, hedge funds currently have their largest short exposure to WTI in nearly five years. Primed For A Squeeze This graph shows the ratio of long-to-short WTI positions by hedge funds and other money managers over the past decade. The current ratio of 1.6 represents the lowest net long exposure to oil since...