Crude Oil Speculators added slightly to bullish bets last week

Crude Oil Light Sweet: Weekly change of +4,243

CrudeOil

Crude Oil: Crude Oil speculative contracts increased last week for a second straight week. Crude spec positions rose to a total of +248,850 net speculative positions as of March 26th following a total of +244,607 contracts that were reported for March 26th. This is a weekly change in net large speculator positions of +4,243 contracts.

Crude Oil speculative positions are at their highest level since February 19th when positions reached +257,918 contracts.

 

See more information and explanation on the weekly COT report from the CFTC website.

By CountingPips.com