Wire flash
Brent crude speculative net long positions drop by over 64,000 lots in latest week
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According to data from the Intercontinental Exchange (ICE) for the week ending September 22, speculative net long positions in Brent crude oil futures decreased by 64,543 contracts, bringing the total to 218,114 contracts. This significant reduction in bullish bets by money managers indicates a shift in market sentiment, likely driven by concerns over global demand, potential supply increases, or broader macroeconomic headwinds. The data, reported by financial news source Jin10, reflects a notable bearish positioning change among speculators in the benchmark crude oil contract during that period.
Source report
Date: Week ending September 22
According to the Intercontinental Exchange (ICE), speculative net long positions in Brent crude oil decreased by 64,543 contracts during the week ending September 22.
- Current net long positions: 218,114 contracts
- Change from previous week: -64,543 contracts
Source
金十数据Neutral / independent