Oil Traders Get Glimpse Into Opaque Middle East Market With New Data
- Exchange operator expands report with Dubai-related contracts
- Reports will break down position, direction by trader types
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Oil market watchers will now be able to get a view of which direction traders are placing bets on the Middle East crude benchmark as exchange operator ICE Futures Europe expands the data it provides.
ICE will begin including positioning data from traders for three Dubai oil related contracts, including the spread between global physical benchmark Dated Brent versus Dubai crude, starting Friday. Historical data for 2023 also is being made available.