WTI crude oil futures edged higher on Tuesday morning in Asia, supported by positive economic data from China coupled with a special plan from Chinese officials to boost domestic consumption. China launched special initiatives to boost consumption and raise incomes and also took measures to stabilize the stock and property markets. Besides, persistent geopolitical tensions also keep oil prices supported. Currently, the counter is quoting at $67.63 per barrel, up 0.39% on the day. Meanwhile, energy speculators increased their net long positions in the crude oil futures market, 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 164126 contracts in the data reported through March 11, 2025. This was a weekly rise of 9285 net contracts and pushed up net longs from four month low.