Investors appear to have reduced shorts in crude & crude products

Commodity positioning: Investors appear to have reduced shorts in crude and crude products, while slightly adding shorts to metals. Technical investors appear to have unwound shorts and added longs. Hence, NYMEX $W&T Offshore Inc(WTI)$ and $洲际交易所(ICE)$ Brent shorts have shrunk slightly to −19 and −24.

ImageImage

# Futures Club

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet