Commodities Buzz: WTI Crude oil net speculative longs slip to four-month low

Energy speculators continued to 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 130301 contracts in the data reported through week ended June 9, 2026. This marked a weekly fall of 5124 contracts and pulled net longs to four-month low.

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