Commodities Buzz: WTI Crude Oil Speculative Longs Slip To Three Month Low

12 Dec 2022 , 12:13 PM

Large energy speculators cut their net long positions in the WTI Crude Oil futures market last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 231620 contracts in the data reported through week ended December 6, 2022. This was a weekly fall of 8019 contracts and pulled down net longs to three month low. Powered by Commodity Insights