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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
Managed money net long positions in crude pulled back after gains in recent weeks according to the commitment of traders data released on Friday. Nymex diesel and ICE gasoil both increased with supplies especially tight supplies in diesel markets.
- Nymex WTI net longs increased by -33k to 176k.
- ICE Brent net longs increased by -24k to 177k.
- ICE Gasoil increased by +3k to 65k.
- Nymex diesel increased by +4k to 28k.
- Nymex gasoline fell by -3k to 50k.
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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