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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
OIL
Brent crude open interest has increased to the highest since February 2022 at 2.247m contracts compared to a low of 1.75m in December.
- Crude aggregate open interest has gradually recovered from lows in December with higher Brent volumes leading the way. Nymex WTI open interest is up to 1.793m but still below the recent high of so 1.82m from February.
- Recent cuts to ICE and CME crude margins during March have helped support the return of market liquidity.
- ICE Gasoil open interest is also edging higher up from 0.46m in December to 0.56m.
Source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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