Gulf Oil and Gas accountACCOUNT

Investment Flows into Commodities Markets

Source: OPEC 10/5/2015, Location: Europe

Open interest volume (OIV) in selected US commodity markets increased in August for agriculture and copper, while it decreased for crude oil, livestock, natural gas and precious metals. Meanwhile, speculative net length positions decreased for all groups, with the exception of precious metals.

Agriculture’s OIV declined marginally by 3.4% m-o-m to 4,779,108 lots in August. Meanwhile, money managers reduced their net long position by 59% to 169,288 contracts, mainly due to a large reduction in net length for maize and the soy complex.

Henry Hub’s natural gas OIV decreased by 3.4% m-o-m to 965,914 contracts in August. Money managers increased their net short positions by 17% to reach to 131,075 lots; EIA reports indicate injections to storage in line with the market.

Copper’s OIV increased by 11.6% m-o-m to 183,662 contracts in August. Money managers increased their bearish net short position to 27,995 lots from 24,567 contracts the previous month, on renewed concerns about slowing demand from China.

Precious metals’ OIV decreased by 5.3% m-o-m to 609,795 contracts in August. Money managers switched to net long positions of 5,022 lots, from a net short position in the previous month, on concerns of a potential delay in interest rate hikes by the US Federal Reserve due to stock market volatility experienced during the month.

Investment News in Austria >>

Nigeria >>  2/22/2021 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, notes the announcement on the funding arrang...
United Arab Emirates >>  2/22/2021 - The Abu Dhabi National Oil Company (ADNOC) has announced, its Thamama Center of Excellence (Thamama) has generated $1.1 billion (AED 4.04 billion) in ...

United Kingdom >>  2/22/2021 - Integrated subsea technology and services provider Ashtead Technology has invested £1million to develop a new R&D and engineering facility in Aberdeen...
Nigeria >>  2/21/2021 - The Department of Petroleum Resources (DPR) has called on businessmen to invest in the oil and gas industry instead of indulging in illegal refineries...

Italy >>  2/19/2021 - Eni's Board of Directors, chaired by Lucia Calvosa, yesterday approved the unaudited consolidated results for the full year and the fourth quarter of ...
Russia >>  2/12/2021 - - Net income in 4Q 2020 reached a record of RUB 324 bln and amounted to RUB 147 bln in 2020. ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Austria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.