CFTC Commitments of Traders – Crude Oil Price to Fall Again in Coming Week as Trade War Re- escalates

According to the CFTC Commitments of Traders report for the week ended August 20, NET LENGTH for crude oil futures jumped +32 491 contracts to 414 635 for the week. Speculative long positions declined -18 071 contracts and shorts sank -50 562 contracts. Crude oil prices rallied during the week. Gains should likely be short-lived […]

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