Free Trial
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.
OIL POSITIONING
WTI Crude managed money net long positions followed the decline in Brent according to the delayed Commitments of Traders data released yesterday. The combined net long positions for Brent and WTI fell by -19k to the lowest since early June at 233k.
- Nymex diesel net long positions dipped slightly lower on the week but Nymex gasoline net longs rose again to the highest in nine weeks.
- ICE Brent net longs fell by -16k to +155k
- ICE Gasoil rose by +13k to +22k
- Nymex WTI net longs fell by -20k to 105k
- Nymex diesel fell by -2k to +33k
- Nymex gasoline rose by +13k to 64k
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok