109 days ago • Posted by William Ramstein

Holdings of Brent & WTI futures climb to highest level since may

''With forecasts of a global economic recovery this year, there are potentially more inflows to come for oil. The value of Brent and WTI open interest is still down about a third from a peak of $408 billion in 2018, but the World Bank expects a 4% growth in global economy this year, and a 7.9% climb in China, the world’s largest oil importer.''- Alex Longley @ Yahoo