Martha Dowding
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CFTC and ICE COT, week to 03 Nov: Brent OI down 6% as funds cut oil length, natgas positioning at a new low
For the week to 03 Nov
Brent: OI -6.25% w/w ! Fund length -10.4% , shorts +14.3% ! Net positioning lowest since 14 Jul- long:short ratio in 20th percentile
WTI: OI +1.25% fund length -6.4% , 6 weeks of drops. Fund positioning in 6th percentile.
Gasoil: OI +2.35%. Fund length -9.15%. Fund positioning in 47th percentile
RBOB: OI -4.4%! Fund length -4.6% shorts -1.5%. Fund positioning in 84th percentile
HO: OI -2.78% Fund length -10.95% shorts -8.7% . Fund positioning in 29th percentile
Natgas: fund shorts up 4.7%. New low for fund positioning in natgas.
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