Mumbai, May 18 -- Energy speculators sharply cut their net long positions in the crude oil futures market unchanged, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Crude oil futures, traded by large speculators, hedge funds and retailers, totaled a net long position of 169877 contracts in the data reported through week ended May 12, 2026. This marked a weekly slide of 8909 contracts and pulled down net longs to two-and-half month low.
Published by HT Digital Content Services with permission from Capital Market....