CFTC Commitments of Traders -Bets on Lower Crude Price Soared

According to the CFTC Commitments of Traders report for the week ended October 1, NET LENGTH for crude oil futures slumped -34 843 contracts to 389 319 for the week. Speculative long positions declined -13 664 contracts while shorts jumped +21 179 contracts. For refined oil products, NET LENGTH for gasoline fell -4 056 contracts […]

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