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

Energy speculators sharply reduced their net long positions further in the crude oil futures market, 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 48317 contracts in the data reported through week ended October 27, 2026. This marked a massive slide of 26026 contracts and pulled net longs near three and half month low.

Powered by Commodity Insights