US Commodity Futures Trading Commission data showed non-commercial net long positions in oil rose to 122.1k. The previous reading was 99.2k, signalling an increase in speculative length over the latest reporting period.
Change in Oil Positioning
The move leaves positioning higher by 22.9k versus the prior level.
CFTC Commitments of Traders Data
The update reflects a shift in futures and options exposure as tracked by the CFTC’s Commitments of Traders data.