Markets

Speculators raise Brent, cut gasoil net longs: ICE

Published April 1, 2013 Updated April 1, 2013 11:48am

1 min

By Muhammad Iqbal

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LONDON: Speculators raised their net long positions in Brent crude oil futures and options in the week to March 26 but cut them for gasoil, data from the IntercontinentalExchange (ICE) showed on Monday.

Money managers increased their net long positions in Brent by 4,059 contracts to 130,473 and at the same time reduced their gasoil net long positions by 13,569 contracts to 45,231.

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