CFTC: As of the week ending December 24th, speculators’ net long position in WTI crude oil increased by 1879 contracts

On December 31st, according to the US Commodity Futures Trading Commission (CFTC), as of the week ending December 24th, speculators’ net long positions in WTI crude oil increased by 1879 contracts to 298711 contracts, reaching a new high in about five months; The net long position of speculators in NYMEX WTI crude oil increased by 21694 contracts to 182895 contracts, setting a new four month high; The net long position of NYMEX gasoline held will reach 56366 contracts, hitting a seven week low; The net short position in NYMEX diesel will reach 18809 contracts, hitting a new low of over seven weeks; The net long position of natural gas in seven Henry Hub contracts held in the United States has increased to 162047 contracts, reaching a new high in approximately 14 months.

Scan code to share
www.ecbnnews.com