CFTC Commitments of Traders – Bets Increased in Both Side as Crude Oil Price Lacks Direction

News

According to the CFTC Commitments of Traders report for the week ended September 15, NET LENGTH for crude oil futures added +378 contracts to 449 744 for the week. Speculative long position rose +11 868 contracts, while shorts also gained +11 490 contracts. For refined oil products, NET LENGTH for gasoline decreased -1 918 contracts to 59 558, while NET LENGTH for heating oil futures  dropped -193 contracts to 6 248. NET LENGTH in Natural Gas futures jumped +21 352 contracts to 50 843 for the week.

 

Gold futures’ NET LENGTH gained +4 504 contracts to 240 977. Speculative long positions gained +11 339 contracts while shorts added +3 835. Silver futures’ NET LENGTH added +8 985 contracts to 33 349. For PGMs, NET LENGTH of Nymex platinum futures rose 4 166 contracts to 19 437 while that for palladium added +314 contracts to 3 152.

– advertisement –

Articles You May Like

Oil heads for weekly gains on colder weather, Chinese policy support
Euro and Pound Struggle Amid Energy Price Shock and US Trade Threats
Dollar Starts Strong vs Europe, Sets Sights on Yen and Commodity Currencies Next
Dollar Falls as Trump Considers Sector-Specific Tariffs Over Blanket Approach
Gold Price Today: Gold prices surge by Rs 350/10 gm in a week, silver up by Rs 3,000/kg

Leave a Reply

Your email address will not be published. Required fields are marked *