Free Trial

Brent Open Interest Increase to Highest Since March

OIL

Brent open interest increases to the highest since early March but WTI falls to the lowest since 2014. WTI open interest is just under 43% lower than the peak volume seen in June 2021.

  • Gasoil open interest has recovered very slightly over the last month but still over 50% below the peak 2021 amount.

Source: Bloomberg

To read the full story

Close

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.