Post Tagged with: "CFTC"

Oil Rises on European Stock Draw Despite Demand Slowdown Forecast

Oil Rises on European Stock Draw Despite Demand Slowdown Forecast

From Reuters


Oil prices rose more than $1 a barrel on Friday, supported by a drop in European inventories and OPEC output cuts despite the International Energy Agency reporting demand growth at its lowest since the financial crisis of 2008.…

Crude Oil Futures:  Who’s Long and Who’s Short?

Crude Oil Futures:  Who’s Long and Who’s Short?

A presidential commission tracks the crude oil positions that are reported each week: this week producers and processors are short, while managed money is long oil

In its Weekly Commitment of Traders Report released every Friday, the United States Commodity