Hedge funds and other large speculators cut net-long positions in commodities futures and options to the lowest level since the first quarter of 2009.
“Commodity markets are worried about China and are sensing possible trouble in the macro picture,” said Stanley Crouch, as chief investment officer at Aegis Capital, in the article. “Commodities may be out in front of a possible slowdown. The sentiment is changing to cautious.”
U.S. Oil Fund