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Commodities Buzz: WTI Crude oil net speculative longs tumble
01-Jun-2026 16:01
Energy speculators continued to cut their net long positions in the crude oil futures market unchanged, 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 160998 contracts in the data reported through week ended May 26, 2026. This marked a weekly tumble of 11582 contracts and pulled down net longs to three-and-half month low.

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