Commodities Buzz: WTI Crude oil net speculative longs hit nine-month high

Energy speculators increased 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 233620 contracts in the data reported through week ended March 24, 2026. This marked a weekly surge of 14932 contracts and pushed up net longs to nine -month high.

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