CFTC Commitments of Traders – Bets for Higher Gold and Silver Prices Increased

New York (Oct 13)  According to the CFTC Commitments of Traders report for the week ended October 8, NET LENGTH for crude oil futures slumped -34 234 contracts to 355 085 for the week. Speculative long positions added +5 454 contracts while shorts jumped +39 688 contracts. For refined oil products, NET LENGTH for gasoline dropped -187 contracts to 52 223, while NET SHORT for heating oil increased -9 123 contracts to 16 105 for the week. NET SHORT for natural gas futures jumped +41 454 contracts to 160 002 contracts for the week.

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