Commodities Buzz: WTI Crude oil speculative longs fall sharply

Energy speculators sharply cut 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 180558 contracts in the data reported through week ended 1 April, 2025. This was a weekly fall of 12873 net contracts and pulled down net longs from seven week high.

Powered by Commodity Insights