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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
Managed money net long positions in crude increased with Nymex WTI up to the highest since the end of July according to CFTC data released on Friday.
- The increase comes with high uncertainty over supplies at the end of the year and into 2023 with the introduction of the EU ban on Russian seaborne crude on Dec5 and with the planned G7 price cap on Russian oil.
- Nymex WTI net longs increased by +8k to 193k.
- ICE Brent net longs increased by +6k to 162k.
- ICE Gasoil fell by -20k to 47k.
- Nymex gasoline increased by +2k to 52k.
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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