Martha Dowding
Our reports are now published by The Officials, and accessible through the Flux platform. Login to Flux 4.0 to view them, or visit The Officials website to learn more and sign up to a free trial.
Funds skew short in crude, in quite a risk-off week.
Brent OI fell 4.08% w/w and 9.8% over three weeks. Fund length fell 17.65%. Fund long:short ratio is in the 26th percentile since 2013.
WTI fund length fell 14.68% w/w and 20% in two weeks. Shorts fell 3.6% after rising for three weeks. The long-short ratio is at the 10th percentile since 2013, its lowest since January.
Gasoil OI fell 2.82% w/w and 13% in five weeks. Fund length fell 5% for a fourth straight week; shorts fell 3.5%. The fund long-short ratio is at the 52nd percentile.
Heating oil fund length fell 11.6% w/w. Shorts fell 11.5% w/w and 21% over two weeks.
RBOB fund length rose 4.16% w/w, while shorts rose 13.7%. This is the largest addition in 13 weeks. The long-short ratio is at the 72nd percentile, indicating a buy-side skew.
Our reports are now part of The Officials, and available exclusively on the Flux platform. Existing customers can Login to Flux to access them, or you can visit The Officials to sign up for free trial access.