Commodities Buzz: WTI Crude oil net speculative longs see heavy jump

Energy speculators reported a massive spike in 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 81689 contracts in the data reported through week ended July 21, 2026. This marked a heavy weekly surge of 19006 contracts and pulled net longs higher from around seven-month low.

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