Memuat…
Money managers cut net long positions in US gasoline and diesel contracts by about 20%. The reduction came amid talk of a possible ban on oil product exports, and Goldman Sachs advised hedging ULSD exposure.
Possible export restrictions on US products would keep domestic diesel supply higher and weigh on US prices relative to global markets. Fund liquidation adds downward pressure on near-term futures.
qcintel.com4 Jul 2022Setelah 21 peristiwa kebijakan bearish sebelumnya, ULSD / Solar bergerak median -2,4% selama 5 sesi (38% lebih tinggi; separuh tengah -6,5% sampai +4,7%), dan -1,1% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Funds cut net longs in diesel and gasoline by about 20% amid export-ban talk, so positioning liquidation added selling pressure on ULSD.
