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.

Onyx CFTC Style COT Reports – 25 Nov 2024

1 min read

Onyx’s in-house CTA positioning model determines the net positioning of CTAs in a range of futures benchmarks. The week ending 25 Nov saw increasing bullish sentiment as net positioning increased across the major oil futures benchmarks. Total net positioning rose from -118k on 18 Nov to -52k by 25 Nov, the highest level since 16 Oct, with middle distillates leading the way. The product with the most bullish positioning is now ICE gasoil, which surpassed Heating Oil on 18 Nov and rose to -4k by 25 Nov. The lower net positions are shared by RBOB, Brent, and WTI. Overall net positioning has struggled in the second half of this year and has not been positive since mid-July. It remains to be seen if the current increase in bullish positioning can be sustained.

Click below to explore our weekly CFTC COT reports, including a new report detailing historical Onyx COT data for key swap contracts.

Share on

Traders also read...

Follow Us

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.