CFTC Commitments of Traders – Bets for Higher Crude Price Likely Short-Lived

According to the CFTC Commitments of Traders report for the week ended September 10, NET LENGTH for crude oil futures jumped +44 048 contracts to 428 205 for the week. Speculative long positions soared +18 639 contracts and shorts plunged -25 409 contracts. The front-month WTI crude oil contract rallied last week. Market sentiment improved […]

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