CFTC Commitments of Traders – Recovery on Oil Prices Fades on Failure to Agree on Coordinated Output Cut

<p>According to the CFTC Commitments of Traders report for the week ended April 7, NET LENGTH for crude oil futures surged + 49 787 contracts to 484 895 for the week. Speculative long positions jumped +31 374 contracts while shorts declined -18 413 contracts. Crude oil price recovered from the lowest in almost 2 decades […]</p>
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