Today in oil and natural gas markets:
A closer look at fund managers' energy market futures and options positioning
While last month’s growth was the smallest monthly increase since April and bullish versus the group’s announced October hike of +137 kb/d, actualized output...
Global volumes of crude in stationary floating storage increased 10.84 million barrels (+12.7%) W/W to 96.12 MMb last week, lifting worldwide floating stocks into the top quartile of the 2016-2024 seasonally-adjusted distribution.
Global floating crude stocks have increased by roughly 16% since the start of September, gaining from a ~13% deficit versus the 2016-2024 seasonal average to a ~7% surplus in the final week of October.
