Looking at Flux Insight’s CTA positioning for the week ending 15 Dec, CTA net positioning saw a downtrend deeper into negative territory for both crude and the products. Overall net positioning fell from close to -86k lots on 08 Dec to -142.0k lots on 15 Dec. This shows a consistent downtrend for the combined contracts, with net positioning around flat in mid-November. CTA positioning in Brent and WTI is at its lowest level since late October. RBOB remains at the lowest net position, at -37.6k lots, but the drop across the barrel is clear, with a selling momentum evident from CTAs.
Click below to explore our weekly CFTC COT reports, including a new report detailing historical Onyx COT data for key swap contracts.
