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ICE Brent and Gasoil Net Longs Fall

OIL

Crude and gasoil managed money net long positions reduced for ICE Brent and Gasoil in data released late on Friday while Nymex WTI held steady after a fall the previous week. Net long positions in crude and Gasoil have been following a downward trend since mid 2021.

  • Nymex WTI net longs fell by +1k to 174k.
  • ICE Brent net longs increased by -18k to 154k.
  • ICE Gasoil increase by -10k to 69k.
  • Nymex gasoline fell by -3k to 55k.

Source: Bloomberg

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