CFTC Commitments of Traders – Relentless Rally Sent Crude Oil Price to 7 Year High

<p>According to the CFTC Commitments of Traders report for the week ended October 19, NET LENGTH of crude oil futures jumped +24 818 contracts to 429 594. Speculative longs added +1 719 contracts but shorts plunged -23 099 contracts. The front-month WTI crude contract rallied 7 weeks in a row to a level last seen […]</p>
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