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Commodity Mid Session News

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(28 Apr 2025, 14:52)

Commodities Buzz: WTI Crude oil speculative longs spike to three week high

Energy speculators increased their net long positions in the crude oil futures market yet again, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Crude oil futures, traded by large speculators, hedge funds and retailers, totaled a net long position of 170955 contracts in the data reported through week ended 22 April, 2025. This was a weekly spurt of 24585 net contracts and pushed up net longs from six month low to three week high.
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