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Oil speculators raise Brent longs for third week: ICE

brent-oil2LONDON: Speculators raised their net long positions in Brent crude oil futures and options for a third week running, data published by the IntercontinentalExchange (ICE) showed on Monday.

 

Large money managers raised their net long positions in Brent by 13,714 contracts to 139,111 in the week ending December 31, and raised their net long positions in gasoil by 2,672 contracts to 52,895.

 

Center>Copyright Reuters, 2013