Commodities Buzz: Marginal drop in WTI Crude oil net speculative long positions

Energy speculators marginally cut 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 175428 contracts in the data reported through week ended May 6, 2025. This was a weekly drop of 1781 net contracts.

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