Energy speculators yet again 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 162947 contracts in the data reported through week ended July 15, 2025. This was a weekly slump of 46947 net contracts and pulled down net longs to six-week low.
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