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CFTC Commitments of Traders – Crude Oil Price Lost Momentum after Gaining Three Weeks in a Row

According to the CFTC Commitments of Traders report for the week ended January 12, NET LENGTH for crude oil futures gained +9 068 contracts to 527 717 for the week. Speculative long position rose +8 183 contracts, while shorts slipped -885 contracts. While recording its third consecutive weekly gain, the recent rally in WTI crude […]

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