CFTC Commitments of Traders – Bets Reduced on Crude Oil Futures as Price Soared to Highest since 2014

<p>According to the CFTC Commitments of Traders report for the week ended October 26, NET LENGTH of crude oil futures dropped -5 876 contracts to 423 718. Speculative longs slumped -15 549 contracts while shorts fell -9 673 contracts. Bets were trimmed on both sides as price consolidated as 7-year high. For refined oil products, […]</p>
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