Hedge funds increased bullish bets on WTI to the highest level since May 2011, according to the U.S. Commodity Futures Trading Commission.
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Futures Open Interest hits record 46.8 million contracts. Open interest in Global Energy +8% and Natural Gas +14% year-over-year
Murban Crude Oil Futures – ADM
The Murban Crude Oil Future is a physically delivered contract, basis FOB Fujairah (ADNOC) loading terminal, UAE. The futures contract will provide users with an effective hedging instrument for Arab Gulf crude oil
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