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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
OIL POSITIONING – Crude managed money net long positions decreased slightly last week with a small drop in both Brent and WTI positions. The combined net long positions for Brent and WTI decreased by 15k to 400k according to the Commitments of Traders data released on Friday.
- ICE Gasoil net long positions edged higher in the week, but Nymex diesel fell to the lowest net long in nine months. Nymex diesel net longs rose to a six week high.
- ICE Brent net longs fell by 3k to +234k
- Nymex WTI net longs fell by 14k to +170k
- ICE Gasoil increased by 1k to +59k
- Nymex diesel fell by 6k to +11k
- Nymex gasoline increased by 7k to +67k
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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