Mumbai, March 4 -- Energy speculators yet again sharply cut their net long positions in the crude oil futures market, 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 171198 contracts in the data reported through February 25, 2025. This was a weekly slide of 26396 net contracts and pulled down longs to four month low.
Published by HT Digital Content Services with permission from Capital Market....