CFTC Reports Decline in Crude Oil Net Long Positions as Market Sentiment Deteriorates
According to data released by the U.S. Commodity Futures Trading Commission (CFTC) on Friday, speculative net long positions in crude oil futures and options decreased to 112,400 contracts in the latest reporting week, down from 120,100 contracts the previous week. This decline indicates a reduction in bullish positions taken by money managers and other speculative traders.
According to data released by the U.S. Commodity Futures Trading Commission (CFTC) on Friday, speculative net long positions in crude oil futures and options decreased to 112,400 contracts in the latest reporting week, down from 120,100 contracts the previous week. This decline indicates a reduction in bullish positions taken by money managers and other speculative traders.
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