Commodities Buzz: WTI Crude oil net speculative longs see sharp fall

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 213488 contracts in the data reported through week ended April 7, 2026. This marked a weekly tumble of 11335 contracts and pulled down net longs to five-week low.

Powered by Commodity Insights