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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
Managed money net long positions in crude and gasoil recovered last week according to the commitment of traders data released on Friday.
- Crude positions have stabilised in recent weeks after a period of decline, but recent tightening of global supplies has led to a slight increase in net long positioning of both crude and product markets.
- Nymex WTI net longs increased by +20k to 189k.
- ICE Brent net longs increased by +27k to 185k.
- ICE Gasoil increased by +8k to 52k.
- Nymex diesel increased by +6k to 18k.
- Nymex gasoline increased by +4k to 56k.
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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