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 24 Jun, open interest continued to decline in the benchmark crude futures contracts (Brent and WTI futures). Brent and WTI futures saw a combined open interest dip of over 25mb (-0.53%) this week. This is a far smaller drop than in the previous week, which saw a 175mb combined drop. The combined managed-by-money players were bearish for the first time in eight weeks.
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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.
