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Hedge funds have significantly reduced their bullish bets on Brent crude oil, leading to the lowest oil positioning ever recorded. This change follows OPEC and its allies' decision to increase production, resulting in record oil sales by hedge funds. The commodities market in London shows fluctuating performances with oil - US Crude, gold, and silver experiencing varying percentage changes throughout the day.
Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.33% Gold: 0.23% Silver: -1.61% View the performance of all markets via https://t.co/WHTs8622rG https://t.co/yS8EfWDeAz
Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Gold: 0.21% Oil - US Crude: -0.02% Silver: -1.64% View the performance of all markets via https://t.co/WHTs8622rG https://t.co/yWiazvk7ZC
Commodities Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.45% Gold: -0.14% Silver: -2.04% View the performance of all markets via https://t.co/WHTs8622rG https://t.co/cRC9M1CjJJ