CFTC Commitments of Traders – Traders Bet Crude Oil Price to Rebound after Collapse

<p>According to the CFTC Commitments of Traders report for the week ended April 21, NET LENGTH for crude oil futures soared +76 511 contracts to 587 180 for the week. Speculative long positions jumped +35 774 contracts while shorts added -40 737 contracts. The WTI contract for May delivery nosedived to negative territory before settling […]</p>
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