Market Update
December has continued to see strong buying in the physical windows from a range of players, with 34 convergences so far in December. The main seller so far this month has been Equinor. Totsa has been a keen buyer of WTI Midland and has bought 18 cargoes out of the total number this month. There has been heavier selling in the past few days in the financial contracts, and there has been better selling interest and better selling in the new year weeks from trade players.
Subscribe to Onyx Insights to unlock this Research
Insights is the proprietary research arm of Onyx:
the #1 liquidity provider of oil futures
OR
