Our team of skilled analysts, by utilising the depth and breadth of Onyx's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.
Brent and WTI both saw increased shorts and decreased length for a third consecutive week in the week to Dec 12 with lacklustre demand in oil continuing to dampen market sentiment. In-line with this, net positioning fell in both crude futures, with Brent’s net positioning falling to 88.7mbbls, its lowest since December 2022.
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Our team of skilled analysts, by utilising the depth and breadth of Onyx's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.
