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IPFS News Link • Oil

Investors Bet On Further Rise In US Gasoline Prices

• Zero Hedge

By John Kemp, senior energy analyst at Reuters

Portfolio investors have amassed one of the largest bullish positions in U.S. gasoline futures and options since before the coronavirus pandemic, anticipating that prices will continue climbing over the next few months.

U.S. gasoline has emerged as the most attractive part of the petroleum complex for investors betting prices will rise further this year in the run up to presidential and congressional elections in November.


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