their net long, or bullish, positions in crude futures
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17:10 Feb 13, 2018
English to Persian (Farsi) translations [PRO] Economics
English term or phrase:their net long, or bullish, positions in crude futures
Exchange and government data released on Friday showed that hedge funds and other money managers had slightly reduced what had been their net long, or bullish, positions in crude futures from the preceding week. But the positions still amounted to more than a billion barrels equivalent, suggesting strong hopes of a price rebound.
What is 'Net Long'
Net long refers to a condition in which an investor has more long positions than short positions in a given asset, market, portfolio or trading strategy. Investors who are net long will benefit when the price of the asset increases.
molood goldar Local time: 21:15 Native speaker of: Persian (Farsi)