Mumbai, March 11 -- WTI crude oil futures extended downside on Tuesday morning in Asia amid concerns that US tariffs on Canada, Mexico and China would slow global economies and slash energy demand. Currently, the counter is quoting at $65.92 per barrel, down 0.17% on the day. Meanwhile, energy speculators yet again sharply trimmed 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 154841 contracts in the data reported through March 4, 2025. This was a weekly fall of 16357 ne...
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