CFTC Weekly: Bears, Interrupted - Flux News
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CFTC Weekly: Bears, Interrupted

ICE COT data for the week ending 28 Oct shows open interest dropping by over 77mb w/w (marking a 2.5% drop w/w), reflecting that the rally may have...

CFTC Weekly Analysis Report cover

Due to the US government shutdown, there is no CFTC COT data for the week ending 28 Oct. This includes WTI, RBOB, Heating Oil, and Henry Hub. 

  • In the week ending 28 Oct, the M1 ICE Brent futures contract rallied from a low of $60.30/bbl to a zenith of above $66/bbl, a cap that took prices to $64.45/bbl by 28 Oct. This week’s rally stemmed from the announcement of US sanctions on Rosneft and Lukoil on 22 Oct.

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Our team of skilled analysts, by utilising the depth and breadth of Flux's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.

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