Large energy speculators sharply raised their bullish net positions in the WTI Crude Oil futures markets this week,
according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds,
totaled a net position of 480,811 contracts in the data reported through November 17th. T
his was a weekly gain of 17,273 net contracts from the previous week which had a total of 463,538 net contracts.
this comes after china announced theit interest in buying ExxonMobil’s entire operating stake in one of the largest oilfields in Iraq's oil productions
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please now this is not a financial advice nor signal its just a my prediction
according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds,
totaled a net position of 480,811 contracts in the data reported through November 17th. T
his was a weekly gain of 17,273 net contracts from the previous week which had a total of 463,538 net contracts.
this comes after china announced theit interest in buying ExxonMobil’s entire operating stake in one of the largest oilfields in Iraq's oil productions
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please now this is not a financial advice nor signal its just a my prediction
