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.
In the week ending 15 Oct, Brent and WTI futures saw increasingly choppy price movements, although both contracts concluded the week softer than where they started. Combined Brent and WTI managed-by-money positioning showed a 41.6mb (-9.8%) decline in long positioning w/w alongside the removal of 1.2mb (-0.8%) of short positions. In addition, producers/merchants liquidated 9.4mb (-0.70%) and 36.8mb (-2.30%) from their Brent and WTI longs and shorts, respectively.
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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.
