U.S. Markets closed

Hedge Funds Cut Net Long Positions in WTI Crude Oil

Gordon Kristopher
Hedge Funds Cut Net Long Positions in WTI Crude Oil

Hedge funds’ net long positions in US crude oil futures and options contracts trading in NYMEX and ICE declined by 15,322 to 419,907 on May 8–15—the lowest level in the last six months. The CFTC released the data on May 18.