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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 POSITIONING
Crude managed money net long positions increased last week with a rise in Brent positions offsetting a fall in WTI according to Commitments of Traders data released on Friday. The combined net long positions for Brent and WTI increased by +14k to 404k.
- ICE Gasoil net long positions also fell again to the least bullish since early July but Nymex diesel net longs edged slightly higher on the week. Nymex gasoline net longs have fallen again to a three year low..
- ICE Brent net longs increased by +74k to 227k
- Nymex WTI net longs fell by -48k to 221k
- ICE Gasoil fell by -6k to +26k
- Nymex diesel fell by +4k to +37k
- Nymex gasoline fell by -7k to 26k
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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