Commodities Buzz: WTI Crude oil speculative longs spike further

Energy speculators continued to increase 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 231048 contracts in the data reported through week ended June 17, 2025. This was a weekly spurt of 39107 net contracts and took net longs to a new four-month high.

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