Shortening the length
Crude oil prices slipped, with ICE Brent front-month prices at reaching 71$/b, as money managers continued to aggressively reduce their net length across WTI & Brent…
ICE Brent prompt contract jumped to 66.7 $/b, returning close to 5% on a daily basis, on Thursday as US petroleum markets were getting increasingly tighter, as reported by the EIA.
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