11 April
United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 167.7K to 139.6K
A report on this calendar event is released weekly by the CFTC Commitment of Traders.
The presented indicator reflects the difference between the volumes of long and short crude oil positions in the United States opened by speculators (non-profit traders).
Crude oil is one of the most important raw material assets on the world market. So the dynamics of futures on it is an indicator of strength for several days.
The indicator does not have a strong impact on oil quotes and is considered by analysts in conjunction with other indicators.
Comments by the MarketCheese analysts: a decrease of the indicator value may contribute to the fall in quotes of WTI, Brent.
Recommended
11 April
11 April
Saudi oil supply to China to rise by 35% in May — Reuters
11 April
Oil slips for second week in a row as US-China tiff keeps growing
11 April
11 April
Top news
11 April
11 April
11 April
11 April