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How are charts 2 and 3 regarding Brent positioning, labelled Exhibit A and B, not contradictory of each other? Can you add more specifics to those charts to explain why they’re different?
Chart 1 shows Brent net positioning from non commercial below zero.
Chart 2 shows that we are at the 0% tile, at or close to the lowest positioning data, for Brent.
How are charts 2 and 3 regarding Brent positioning, labelled Exhibit A and B, not contradictory of each other? Can you add more specifics to those charts to explain why they’re different?
Chart 1 shows Brent net positioning from non commercial below zero.
Chart 2 shows that we are at the 0% tile, at or close to the lowest positioning data, for Brent.