US Brent Oil (NY: BNO )
25.78 +0.02 (+0.08%) Official Closing Price Updated: 8:00 PM EDT, Jun 5, 2023 Add to My Watchlist
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Speculator Extremes: Live Cattle, Cocoa, Lean Hogs, Wheat & Brent Top Bull/Bear Leaders
June 05, 2023
This weekly Extreme Positions report highlights the most bullish and most bearish positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the...
The approval of the debt ceiling deal in the US Congress has helped bolster broader economic sentiment and supported commodity prices. OPEC oil output dropped by around 0.5MMbbls/d in May on production...
Oil price continues to rally after Saudi Prince Abdulaziz bin Salman, the country’s Oil minister, warns short-sellers to “watch out”. Inventory data shows a steep drawdown in the prior week, reflecting...
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