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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 POSITIONING
Crude managed money net long positions for both Brent and WTI edged lower last week according to Commitments of Traders data released on Friday. The combined net long positions for Brent and WTI fell by -13k to 391k.
- ICE Gasoil net long positions ticked higher to end the declining trend since mid August but Nymex diesel net longs were just slightly lower on the week. Nymex gasoline net longs are holding still near to a three year low seen in data the previous week.
- ICE Brent net longs fell by -11k to 217k
- Nymex WTI net longs fell by -7k to 214k
- ICE Gasoil increased by +1k to +27k
- Nymex diesel fell by -4k to +33k
- Nymex gasoline increased by +3k to 29k
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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