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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 to the highest since early October with Brent the highest since September. The combined net long positions for Brent and WTI rose by +69k to 405k according to the Commitments of Traders data released on Friday.
- ICE Gasoil net long positions also rose to the highest since October while Nymex diesel edged slightly higher on the week.
- ICE Brent net longs increased by +53k to +261k
- Nymex WTI net longs increased by +16k to +150k
- ICE Gasoil increased by +23k to +43k
- Nymex diesel increased by +7k to +24k
- Nymex gasoline increased by +1k to +68k
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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