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What to Watch: Rig Counts & COT

ENERGY
  • The latest Baker Hughes rig count data is due for release at 13:00ET. The US oil rig count was holding steady last week at 497 while the gas rig count was at 121.
  • The ICE and Nymex commitments of traders reports are due for release after the close today at 18:30GMT and 15:30ET. Crude and Gasoil managed money net long positions increased last week with ICE Gasoil at the highest since August.

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