CFTC Commitments of Traders – Bets for Higher Crude Oil Prices Trimmed amidst Recession Concerns

According to the CFTC Commitments of Traders report for the week ended August 20, NET LENGTH for crude oil futures slumped -22 985 contracts to 391 650 for the week. Speculative long positions declined -15 504 contracts and shorts gained +7 481 contracts. As we mentioned in our previous report, any rally in crude oil […]

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