Saudi put firmly in place. OPEC “managing the market” with headlines , suggests shallow pullbacks, higher lows. Cautious optimism reigns. Hedge funds buying short-dated puts and oil producers using rallies…

Fundamentals, macro drivers and explosive geopolitical risks underpin a healthy backdrop to the crude oil market into the OPEC meeting on 30 November. Sentiment is upbeat, while record net length…

All the excitement in oil is focused and positioned on the very front of the curve. The result has been a phenomenal, multi-year record move in timespreads. In a classic…

Brent is 5% higher since the markets returned to action post the Labour Day break. As a result, the market has repriced any residual low sentiment from the June/July lows.…

Participants are back from holidays; we take stock of the paper market, how sentiment has changed and the dominant factors driving oil prices. CTAs and momentum funds are currently taking…