Commodities Buzz: WTI Crude oil net speculative longs slip

Energy speculators sharply cut their net long positions in the crude oil futures market unchanged, 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 218688 contracts in the data reported through week ended March 17, 2026. This marked a weekly slide of 9327 contracts and pulled down net longs from eight-month high.

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