Fund activity update… Kemp – Commodity Research Group

December 7, 2020 by Jim Colburn Leave a Comment

The excellent John Kemp, Reuters, keeps us updated on fund activity in oil markets, here…

”The concentration on Brent and middle distillates, which include jet fuel, implies traders anticipate a recovery in consumption driven mostly by a business cycle upswing and an early return to cross-border passenger aviation.

Nearly all the buying was driven by repurchases of previous short positions (+42 million barrels) rather than the creation of new long positions (+1 million).”

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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