Commodities Buzz: WTI Crude oil net speculative longs jump to one-month high

Energy speculators reported a sharp 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 120108 contracts in the data reported through week ended July 28, 2026. This marked a heavy weekly jump of 38419 contracts and pulled net longs to one-month high.

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