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2024
January 11th, 2012 at 8:46 am
From global news:
There has been a refitting of the S&P GSC index (Goldman Sachs Commodity Index).
This is what has made the WTI market so treacherous of late. In the rebalancing,
WTI will fall to 30.25% of weight from 32.59%. Brent on the other hand shall rise t
o 17.35% from 15.9%. We are talking billions of dollar in position changes without m
uch concern for who is in the way.