CFTC WEEKLY ANALYSIS
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Funds trim Brent futures length; speculators accelerate RBOB futures purchases; diverging CTA crude and gasoline positioning
13 page report
Bulls In Middle Distillates
Money managers consolidate positions in Brent futures; Heating Oil and ICE gasoil long positions highest level since start of Iran War
13 page report
Brent bulls, WTI bears
Money managers rebuilt Brent length but increased shorts in WTI. Short-covering in Gasoil
13 page report
Bearish Reversal
Speculators trim crude length on greater hopes for a Hormuz reopening; CTA short selling decelerate; natural gas length near 2-year lows
13 page report
Short Withdrawal
Funds continue to liquidate their short crude futures positions
13 page report
Funds Bullish Brent
Brent, gasoil and HO saw fresh buying and short-covering from funds
13 page report
Brent Buying
Funds buy Brent, boost HO, but stay risk-off in WTI, gasoil and nat gas.
13 page report
CFTC Weekly: Risk on in Products
Outright length in Brent lowest since December
13 page report
CFTC Weekly: Funds Bearish Crude
Funds stayed bearish in crude, added shorts in products
13 page report
ICE COT: Funds Keep Selling Brent
Funds turned more bearish in Brent, long:short ratio fell to the 8th percentile.
13 page report
CFTC Weekly: Funds Sell Brent
Brent shorts surged, RBOB and heating oil shorts rose, gasoil length rebounded; nat gas sentiment stayed weak.
13 page report
Brent shorts rise for tenth straight week
Money managers removed 24.8mb (-6.8%) from their longs and added 4mb (+3.5%) to their shorts in Brent futures....
13 page report
Brent net longs fall to lowest since March
Producers/merchants were risk-off in Brent futures, removing 102mb (-11%) and 141mb (-9.5%) from their longs and shorts respectively....
13 page report