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ENERGY
  • The ICE commitment of traders reports will be released after the close today at 18:30GMT and with the Nymex data delayed until Monday due to today’s US holiday. Crude oil managed money net long positions have increased in recent weeks on global supply concerns from OPEC+ and Russia and with speculation of some recovery in Chinese oil demand. Brent net longs were last week up to the highest since mid June.
  • Caspian CPC loading schedule for December is also due for release today as output is recovering following field and mooring outages.

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