According to data released by the Intercontinental Exchange (ICE), as of the week ending July 14, speculators increased their net long positions in ICE Brent crude oil contracts by 114,752 lots to 169,839 lots, reaching the highest level in five weeks. Such position data typically reflects a heightened bullish sentiment among short-term speculative funds toward the movement of international crude oil prices, and will also serve as an important reference indicator for the market in assessing sup
According to data released by the Intercontinental Exchange (ICE), as of the week ending July 14, speculators increased their net long positions in ICE Brent crude oil contracts by 114,752 lots to 169,839 lots, reaching the highest level in five weeks. Such position data typically reflects a heightened bullish sentiment among short-term speculative funds toward the movement of international crude oil prices, and will also serve as an important reference indicator for the market in assessing sup
智通财经2026/07/17 18:11Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to data released by Intercontinental Exchange (ICE), as of the week ending July 14, the net long positions in ICE Brent crude oil contracts held by speculators increased by 114,752 lots to 169,839 lots, reaching the highest level in five weeks. This type of position data usually reflects an increase in short-term speculative funds’ bullish confidence in the trend of international crude oil prices. Going forward, it will also serve as an important reference indicator for the market to assess expectations regarding crude oil supply and demand as well as price volatility trends.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Crypto prices
MoreBitcoin
BTC
$63,303.07
+0.49%
Ethereum
ETH
$1,893.2
+0.72%
Tether USDt
USDT
$0.9989
+0.01%
USDC
USDC
$0.9998
-0.00%
XRP
XRP
$0.9970
-0.42%
Solana
SOL
$75.29
-0.08%
TRON
TRX
$0.3329
+0.62%
Hyperliquid
HYPE
$59.15
+3.05%
Dogecoin
DOGE
$0.07016
+0.57%
Zcash
ZEC
$509.58
+4.24%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now