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ENERGY
  • The latest Baker Hughes rig count data is due for release at 18:00BST. The oil rig count last week fell to the lowest since October at 613. The gas rig count last week recovered up to 156 after a gradual decline since September.
  • The ICE and Nymex commitment of traders reports will be released after the close today at 18:30BST and 15:30EST. Managed money net long positions in crude and Gasoil have increased in recent weeks as crude futures have rallied on demand optimism and supply concern.

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