Commodities Buzz: WTI Crude oil net speculative longs slip sharply

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 192302 contracts in the data reported through week ended April 21, 2026. This marked a weekly slide of 14239 contracts and pulled down net longs to six-week low.

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