Energy Transport Short Sellers Gain $7 Billion

Even with crude oil’s bounce, the bears are cashing in.

(Bing Guan/Bloomberg)

(Bing Guan/Bloomberg)

Short sellers of several energy stocks have hit a gusher this year, with the price of West Texas Intermediate crude falling almost 80 percent as the coronavirus pandemic has shut down economic activity across the globe.

The price of West Texas Intermediate crude oil, which is the benchmark for U.S.

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